Chicago, IL 60656,8544-48 W Gregory Street
Chicago, IL 60656,8544-48 W Gregory Street
Chicago, IL 60656,8544-48 W Gregory Street
9
Listed by Melissa Morganof Flats, LLC
Bought with Oleg Komarnytskyy of KOMAR
$1,900,000
$2,000,000
5.0%
Est.Price: ?

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8544-48 W Gregory Street Chicago, IL 60656

Est. payment /mo
SOLD DATE : 11/20/2025

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Key Details

Sold Price $1,900,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12495093

Sold Date 11/20/25

Year Built 1972

Annual Tax Amount $15,835

Tax Year 2023

Lot Dimensions 90 X 125

Property Sub-Type Multi Family 5+

Property Description

8544-48 W. Gregory Street is a 12-unit multifamily building with off-street parking competitively positioned in the O'Hare submarket. The unit mix is comprised of one (1) studio, four (4) 1-bed/1-bath, six (6) 2-bed/1-bath and one (1) 3-bed/2-bath units. The property has been under the same ownership since 1988, presenting a value-add opportunity. Notable capital improvements include new roof, newer windows and apartment entry doors and a new tankless hot water heating system. All tenants are long-term with month-to-month tenancy. The location checks all the boxes for tenants with convenient access to the Cumberland CTA stop (walking distance), the Kennedy Expressway and O'Hare International Airport.

Location

State IL

County Cook

Interior

Fireplace N

Exterior

View Y/N true

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