$305,000
( )
 $1,637 est/mo Sourced by Back At You

6915 S Peoria Street , Chicago, IL 60621

Chicago, IL 60621

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Description

6915 S. Peoria is a 5-unit apartment building located in Chicago's up & coming Englewood neighborhood. Presently, this asset is grossly under-leased with 3 MTM tenancies, but has tremendous upside potential. The stabilized pro-forma cap rate (with CHAC tenants) is 30; 20 with market rate tenants and its composed of 5 HUGE apartments (2 x 3/2s, 2 x 4/2s & 1 x 5/2). Light tune-up is required in 2 units. Hungry? Sustenance at Aldi & Whole Foods are just 3 & 4 minutes away respectively. Need to get back to the office? The CTA's Halsted Green Line stop is 2 minutes from your front door. Need to get out of Dodge? The Dan Ryan Expressway is a 4-minute drive due East. 16th Ward Alderman Stephanie Coleman runs the show. Information deemed reliable, but not guaranteed. Use diligence. Please note: Interior photos are from units 3F (move-in ready) and 2F (needs 50 per cent cosmetic completion) Units 2/3R Duplex, 1F Duplex and 1R Duplex need overall cosmetic upgrades throughout.

Details

MLS#12262080
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1920
Days On Site38
Listing Provided ByChicago Real Estate Authority | Scott Siegel

Features

Story(s)3
Units5
ZoningMULTI

Market Activity 60621

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 MRED. All Rights Reserved.

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60621
AreaCHI Englewood
Listing VS Median (in 60621)
Price:
$305,000
low | high
Med:
$80,000
100% of Average
On Site:
38
low | high
Med:
142
26.760563380282% of Average
Sourced by Back At You
Listing Updated: January 21, 2025 at 11:49:10 AM PST