REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 695,000
Est. payment /mo
New
7056 S Parnell AVE Chicago, IL 60621
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12654319
Year Built 1902
Annual Tax Amount $13,963
Tax Year 2024
Lot Dimensions 5325
Property Sub-Type Multi Family 5+
Property 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. 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.
Location
State IL
County Cook
Area Chi - Englewood
Zoning MULTI
Interior
Cooling None
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sherri Jordan of Suite 527 Realty Group, LLC