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$ 169,900
Est. payment /mo
Active Under Contract
6850 S Perry AVE Chicago, IL 60621
6 Beds
4 Baths
UPDATED:
02/21/2025 08:24 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12284506
Bedrooms 6
Year Built 1906
Annual Tax Amount $2,674
Tax Year 2022
Lot Dimensions 30 X 125
Property Sub-Type Two to Four Units
Property Description
Calling all savvy investors! This rare, family-owned 3-flat presents an exceptional chance to secure a value-added asset with immediate income potential. Nestled in a prime location, the property boasts timeless charm blended with functional versatility, starting with its enclosed porches that extend living spaces and offer additional usable square footage. Inside, the formal living and dining room layout exudes classic appeal, providing a sophisticated foundation that tenants or future buyers will appreciate. Clean, well-maintained common areas further enhance the building's marketability, ensuring a turnkey opportunity for investors ready to optimize returns. Two of the three units are currently occupied under leases extending through May 2025, with tenants already notified of the building's sale for a seamless transition to new ownership. One unit is vacant and available for viewing, allowing experienced investors to assess the space firsthand and envision its upside potential-whether through updates, rent increases, or a full renovation of the entire building. Priced to sell quickly and decisively, this property is offered strictly AS IS, with no contingencies for inspection. This is a rare chance to acquire a well-maintained, family-held asset with minimal hurdles-perfect for investors who move with confidence and clarity. Due diligence is encouraged upfront, as this unique offering will not linger on the market. Act now to secure this one-of-a-kind investment before it's gone. Schedule your private showing today-serious inquiries only, with proof of funds or pre-approval required.
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Steam
Fireplace N
Exterior
Roof Type Tar/Gravel
Building
Dwelling Type Two to Four Units
Sewer Sewer-Storm
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://clickopoly.com/144_s_francisco_ave
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by James Mattz • Keller Williams Preferred Rlty