7556 S Parnell Avenue, Chicago, IL 60620 - Photo 1

1/1

$217,000

Sold
Closed
Multi-Family
6 Total Beds

1/1

Property Description

Opportunity knocks at 7556 S Parnell Ave! This recently renovated 2-flat offers exceptional value. Move-in ready with recent updates in both units, it's perfect for investors seeking immediate returns or buyers looking for an affordable home with income potential. Two separate units including central air-conditioning provide flexibility - live in one, rent the other, or lease both. Individual utilities offer low ongoing expense for the owner. Don't wait on this turn-key property! Schedule your showing today! This gem won't last long.

Full Property Details

Full Property Details for 7556 S Parnell Ave

General

Sold For: $217,000
Taxes: $1,093 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12326227
Added to Site: 290 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 6

Additional Information

Equipment: Carbon Monoxide Detectors
Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Parking

Total Spaces: 2
Parking Features: Off-Alley, Alley Access, On Site, Owned
Parking On-Site: Yes

Location

Area: CHI - Greater Grand Crossing
County: Cook
Driving Directions: 75th St, West to Parnell, south to address.

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+, Individual Controls

Utilities

Water: Lake Michigan, Public

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished, Full
Windows: Screens
Year Built: 1878
Built Before 1978: Yes
Remodeled/Updated: 2025

Unit Information

Units in Building: 2

Lot Features

Lot Size (Acres): 0.05
Lot Size Range: Less than .25 Acre
Lot Dimensions: 24 x 100
Fence: Yes
Zoning: MULTI
Fencing (Description): Fenced

Financial Considerations

Parking Included: Yes
Assessment Year: 1878
Tax Amount: $1,093.74
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 20283030240000

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Schools

Schools serving 7556 S Parnell Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Harvard Elementary School 7525 South Harvard Avenue, Chicago, IL 60620	K-8	0.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7556 S Parnell Ave

Date

Details

Price

Change

Source

8/13/2025

Sold

$217,000

5.85%

MLS

6/03/2025

Price Increased

$205,000

5.13%

MLS

4/01/2025

Listed

$195,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

5113 W 32nd St, Cicero, IL 60804 - Photo 1

Just Listed

$309,900

5113 W 32nd St Cicero, IL 60804

Multi-Family
Active
Updated 2 days ago

4
Total Beds

3332 S 59th Ave, Cicero, IL 60804 - Photo 1

Just Listed

$330,000

3332 S 59th Ave Cicero, IL 60804

Single Family
Active
Updated 9 hours ago

3
Beds
2
Total Baths
2,187
Sq. Ft.

1417 S 48th Ct, Cicero, IL 60804 - Photo 1

Just Listed

$424,900

1417 S 48th Ct Cicero, IL 60804

Multi-Family
Active
Updated 4 days ago

5
Total Beds

1826 S 49th Ct, Cicero, IL 60804 - Photo 1

Just Listed

$459,000

1826 S 49th Ct Cicero, IL 60804

Single Family
Active
Updated 2 days ago

5
Beds
2
Total Baths
1,900
Sq. Ft.

1809 S 49th Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-3.23%)

$299,900

1809 S 49th Ave Cicero, IL 60804

Multi-Family
Active
Updated 4 days ago

3
Total Beds

5734 W Cermak Rd, Cicero, IL 60804 - Photo 1

Price Reduced

-$36,000 (-5.26%)

$649,000

5734 W Cermak Rd Cicero, IL 60804

Lots/Land
Active
Updated 18 hours ago

1337 S Austin Blvd, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-1.74%)

$565,000

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Multi-Family
Active
Updated 5 days ago

5
Total Beds

1638 S Central Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$2,000 (-0.73%)

$272,900

1638 S Central Ave Cicero, IL 60804

Single Family
Active
Updated 10 hours ago

4
Beds
2
Total Baths
1,700
Sq. Ft.

7621 S Normal Ave, Chicago, IL 60620 - Photo 1

Sold

$240,000

7621 S Normal Ave Chicago, IL 60620

Multi-Family
Closed

6
Total Beds

7948 S Union Ave, Chicago, IL 60620 - Photo 1

Sold

$230,000

7948 S Union Ave Chicago, IL 60620

Multi-Family
Closed

6
Total Beds

509 W 81st St, Chicago, IL 60620 - Photo 1

Sold

$205,000

509 W 81st St Chicago, IL 60620

Single Family
Closed

3
Beds
2
Total Baths
1,303
Sq. Ft.

Listed by Alex Street

652 W 81st St, Chicago, IL 60620 - Photo 1

Sold

$245,000

652 W 81st St Chicago, IL 60620

Single Family
Closed

4
Beds
4
Total Baths
1,195
Sq. Ft.

7556 S Parnell Avenue, Chicago, IL 60620 (MLS# 12326227) is a Multi-Family property that was sold at $217,000 on August 13, 2025. Want to learn more about 7556 S Parnell 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.

7556 S Parnell Ave Chicago, IL 60620