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Listed by Melissa Morganof Flats, LLC
$2,000,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12495093
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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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com