7142 S Parnell Avenue
Chicago, IL 60621

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $315,000
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About this home

Welcome to this charming two-family home. Each unit boasts its own distinct character with ample living space and modern amenities. The first floor is duplexed to the lower level providing amazing space with 5beds & 2baths for a family that wants to stretch out or an investor that wants to maximize cashflow. The second floor features 2beds & 1bath with an open concept living room & dining room flowing into the kitchen. Fully occupied with the first floor lease ending June 2024 & the second floor being month to month. Walk into this great location and have access to parks within walking distance and this property also features 2 parking spaces. The property was rehabbed in 2019, Featuring: New stainless-steel appliances, New water tanks, New roof, New Plumbing, New electrical, New windows and more. Easy access to downtown Chicago being 10 miles away and a quick 20 min drive to Navy Pier. Schedule your appointment today to see this beautiful 2 Unit property!! (Property is currently fully occupied)

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1889
Parking Total 2
Exterior Building Type Vinyl Siding, Brick, Frame, Brick Veneer, Combination
Parking Features Unassigned, Parking Lot
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2019
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - Englewood
Zoning Type MULTI
Corporate Limits Chicago
Directions South to 71st & Dan Ryan, exit going west to Parnell and turn on Parnell to 7142 S. Parnell
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 3
Full Baths in Building Count 3
Total Rooms 14
Units
unit 1
Beds Total 5
Baths Total 2
Actual Rent 1900
Appliances And Features Stove, Refrigerator
Full Baths Total 2
Lease Expiration Date 06/24
Rooms Total 9
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1050
Appliances And Features None
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 3125SQFT
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Rental Income 2950
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20281040090000
Special Assessments N
Taxes $659
Tax Exemptions None
Tax Year 2022
$315,000 Listing Price:
MLS # 12038723
Investment Profile Residential Income
Listing Market Time 25 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 04/24/2024
Year Built 1889
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