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$450,000
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Property Description
Welcome to 7216-18 S Perry, a beautifully updated 4-unit building offering a total of 6 bedrooms and 4 bathrooms. Each unit has been thoughtfully renovated, with all work completed with proper permits, ensuring quality and peace of mind. The property features a freshly cemented unfinished basement with substantial headspace, excellent potential for added storage or future expansion, along with a newly constructed 2-car garage accessible from the alley. Each unit is equipped with its own furnace and hot water tank, providing efficiency and independence for tenants. Perfect for investors or owner-occupants, this turnkey property is ready to generate income in a strong rental market.
Full Property Details
Full Property Details for 7216-18 S Perry Ave
General
- Sold For: $450,000
- Taxes: $2,215 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12485511
- Added to Site: 104 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: West on E 71st st, Left on Lafayette Ave, Right on 73rd st, Right on Perry Ave
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Deneen Elementary School
- Middle School: Deneen Elementary School
- High School: Englewood Stem High School
- Private School: Englewood Stem High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Year Built: 1913
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3816 sq ft
Financial Considerations
- Assessment Year: 1913
- Tax Amount: $2,215.22
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 20282130280000
Listed by @properties Christie's International Real Estate
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Price & Sales History for 7216-18 S Perry Ave
Date
Details
Price
Change
Source
12/17/2025
Sold
$450,000
-16.67%
MLS
10/22/2025
Price Reduced
$540,000
-1.82%
MLS
10/02/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7216-18 S Perry Avenue, Chicago, IL 60621 (MLS# 12485511) is a Multi-Family property that was sold at $450,000 on December 17, 2025. Want to learn more about 7216-18 S Perry Avenue? Do you have questions about finding other Multi-Family real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.


