Chicago Multifamily Investment
7006 S Cregier Avenue, Chicago, IL 60649
MULTI_FAMILY - Chicago, IL
- Added:
- Mar 23, 2026
- Days on Market:
- 62
- Last Refresh:
- May 23 at 2:06 pm
Property Features for 7006 S Cregier Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 11
- Bathrooms
- 11
- Rooms
- Bathroom 10, Bathroom 5, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 7, Bathroom 9, Bathroom 11, Bedroom 2, Bedroom 10, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 3, Basement, Bedroom 11, Bathroom 8, Bathroom 4, Bedroom 1, Bathroom 6, Bedroom 9
- Basement
- Walk-Up Access, Finished, Exterior Entry
- Standard status
- Pending
- APN
- 20243250190000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10762
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 1961
- Floors in Building
- 3
- Number of units
- 11
- Building materials
- Brick
Listing agent Matthew Neistat (312) 335-3291
Listing office Jameson Sotheby's Intl Realty 425 W. North Ave. suite 1, Chicago, IL (312) 751-0300
Listing date Mar 23, 2026
MLS# 12599733
Listing URL
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Significant potential to increase income by raising rents to market rates.
- Fully occupied 11‑unit building provides immediate cash flow.
- Recent improvements include new AC units, updated plumbing, and updated electrical panels.
- Gated parking lot offers untapped income potential.
- Located in Chicago's historic Jackson Park Highlands, an area experiencing renewed demand and long‑term appreciation.
- Amenities include security cameras, on‑site laundry, and a custom dog park.
Overview
This is an opportunity to acquire a fully occupied, 11-unit investment property in Chicago's historic Jackson Park Highlands. The property has potential for increased rents. Current rents are running significantly below market, giving a new owner a path to grow income as units turn. The building has undergone 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 is currently unmonetized and represents additional untapped income potential. The neighborhood is experiencing renewed demand and long-term appreciation due to the Obama Presidential Center, Quantum Shore Development, and Thrive Exchange.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.581702
- Latitude
- 41.767637
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied 11-unit property with income growth potential.
Where is this apartment building located?
The property is located at 7006 S Cregier Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Significant potential to increase income by raising rents to market rates.; Fully occupied 11‑unit building provides immediate cash flow.; Recent improvements include new AC units, updated plumbing, and updated electrical panels.
