* 9% In Place Cap Rate * 12.13% Pro Forma Cap Rate * Large, Renovated Units * Opportunity Zone Property is a center entranced six (6) unit building located on a quiet, tree lined street in Chicago's Park Manor neighborhood. The property is situated less than two blocks from, both, the Dan Ryan Expressway and the CTA Red Line (69th Stop). Both of which provide tenants with easy access to all public transportation throughout Chicago and a quick commute to Chicago's Downtown. Furthermore, 6842 S. Perry sits in a Federally recognized Opportunity Zone. Asset is comprised solely of six (6) rehabbed 2bd/1ba units. All of which have hardwood flooring throughout and boast an open style concept with updated kitchens and bathrooms. Additional improvements to the building consist of, but not limited to: newer windows, recent tuckpointing, re-wired electric, and a newer porch.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
12
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
8,750 Sq. Ft.
Year renovated
—
Sq. Ft.
7,182
Year built
1892
Style
Multi-Family (5+ Unit)
County
Cook County
APN
20214070200000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Parking
Parking Information
# of Parking (Total): 4
Interior
Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 6
Monthly Income: $600
Monthly Income Max: $700
Exterior
Building Information
# of Units: 6
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Multi Family 5+
Ownership Type: Corporation
Parcel Number: 20214070200000
Lot Information
Dimensions: 160X60
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $5,103
Tax Year: 2017
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 7.61
Total Monthly Income: $5,011
Gross Income: $60,132
Utilities
Heating & Cooling
Heat/Ventilation: Separate Per Unit
Location
Location Information
Directions: S to 71st, West on 71st, North on Perry
Public facts
Beds: 12
Baths: 6.0
Sq. Ft.: 7,182
Stories: 3.0
Lot Size: 8,750 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1892
Year Renovated: —
County: Cook County
APN: 20214070200000
Home facts updated by county records on Sep 15, 2026
Other
Expense Information
Water Sewer Expense: $2,254
Electric Expense: $755
Insurance Expense: $2,400
Around this home
Schools
Parker Elementary Community Academy
Public PreK-8 • Assigned • 0.2mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60621
Average low and high temperatures (°F)
30
18
39
25
54
36
61
44
67
52
80
65
85
71
81
67
78
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.