1739 W Gregory Avenue, Chicago, IL

$2,300,000

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About 1739 W Gregory Avenue

Andersonville 6-Unit Investment Opportunity - Rarely available in the heart of Andersonville, this well-maintained 6-unit building presents an exceptional opportunity for savvy investors looking to secure a stable, income-generating asset in one of Chicago's most desirable neighborhoods. Each of the six units features a spacious 1200 sq. ft., 2-bedroom, 1-bathroom layout, with in an enclosed, insulated, back porch that adds an extra room for an office or storage. The property has been carefully maintained over the years. A standout feature is the availability of 5 garage parking spaces-an increasingly valuable amenity in this area-along with 7 separate storage rooms in the basement. Major updates include an upgraded electrical system installed within the last 5-7 years and a roof in good condition, updated approximately 10-15 years ago, which provides added peace of mind and reduces the likelihood of near-term capital expenses. Located in a high-demand rental corridor, this property benefits from Andersonville's vibrant mix of dining, shopping, accessible transportation, and community charm, making it highly attractive to long-term tenants. Whether you're expanding your portfolio or entering a sought-after market, this is a rare opportunity to acquire a solid, income-producing building in a tightly held neighborhood.

Features of 1739 W Gregory Avenue

MLS® # 12596092
Price $2,300,000
Bathrooms 0.00
Year Built 1924
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 1739 W Gregory Avenue
Area CHI - Edgewater
City Chicago
County Cook
State IL
Zip Code 60640

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace Yes
# of Fireplaces 6
Has Basement Yes
Basement Partially Finished, Concrete, Storage Space

Exterior

Exterior Brick, Concrete
Roof Membrane, Reflective Coating
Foundation Concrete Perimeter

Additional Information

Days on Market 76
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePearson Realty Group

Listing Map

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