7056 S Parnell Avenue, Chicago, IL 60621
Description
7056 S Parnell Ave presents an excellent opportunity to acquire a solid 6 unit brick investment property on a corner lot in Chicago’s Englewood neighborhood. Located in an opportunity zone, this well maintained building features oversized apartments with highly desirable layouts, including one 4 bedroom/2 bathroom unit, two 3 bedroom/2 bathroom units, one 4 bedroom/1 bathroom unit, and two 3 bedroom/1 bathroom units. Each apartment offers hardwood floors throughout, separate living and dining rooms, spacious kitchens, generous bedroom sizes, and separate utilities for added efficiency and tenant responsibility. Plumbing and Electrical updated in 2023. The property will be delivered with 4 vacant units, providing immediate value add potential for an owner investor to place tenants at current market rents. The remaining 2 occupied units are currently on month to month leases, creating additional flexibility for future rental adjustments or renovations.
- Listing Courtesy of: Suite 527 Realty Group, LLC
Details
Updated on June 28, 2026 at 6:25 pm-
Property ID MRD12654319
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Price $695,000
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Year Built 1902
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Property Type Multi Family
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Property Status Active
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Parcel Number 20213250190000
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MLS Status Active
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Days On Market 39
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Cumulative Days On Market 20
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Tax Annual Amount 13963
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Cooling None
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Directions 70TH STREET TO PARNELL SOUTH TO PROPERTY
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StoriesTotal 3
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Zoning MULTI
Address
Open on Google Maps- Address 7056 S Parnell Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60621
- Country United States
Overview
- Multi Family
- 1902
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