7006 S Cregier AVE, Chicago, IL 60649
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7006 S Cregier AVE, Chicago, IL 60649
7006 S Cregier AVE, Chicago, IL 60649
7006 S Cregier AVE, Chicago, IL 60649
7006 S Cregier AVE, Chicago, IL 60649

$1,050,000

Est. payment /mo

$1,050,000

Est.Price: ?

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7006 S Cregier AVE Chicago, IL 60649

SOLD DATE : 06/11/2026

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12599733

Sold Date 06/11/26

Maintenance Fees $5,500

Year Built 1961

Annual Tax Amount $10,762

Tax Year 2024

Lot Dimensions 50' X 163'

Property Sub-Type Multi Family 5+

Property Description

This is a unique opportunity to acquire a fully occupied, 11-unit investment property in Chicago's historic Jackson Park Highlands with little capital needed to increase rents. Current rents are running significantly below market, giving a new owner a clear and immediate path to grow income as units turn - no renovations, no forced displacement. The building has undergone significant improvements over the past several years, including new AC units, updated plumbing, updated electrical panels, security cameras, on-site laundry, and a custom dog park with a drainage system. A gated parking lot - rare for a building of this size - is currently unmonetized and represents additional untapped income potential. The neighborhood is only getting better: the Obama Presidential Center, Quantum Shore Development, Thrive Exchange, and more are all driving renewed demand and long-term appreciation in the area.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Rooms

Basement Finished, Exterior Entry, Walk-Up Access

Interior

Cooling Wall Sleeve

Fireplace N

Exterior

Utilities Available Sewer Connected, Water Available, Cable Available

Building

Water Community Water

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Matthew Neistat of  Jameson Sotheby's Intl Realty 
Bought with Sylvia Foggetti of @properties Christie's International Real Estate

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