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 |
| Taxes | $29,936 |
Community Information
| Address | 1739 W Gregory Avenue |
|---|---|
| Area | CHI - Edgewater |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60640 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | 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
| Office | Pearson Realty Group |
|---|
