Active

7006 Cregier Avenue

Chicago, IL 60649
$1,050,000
0beds
0baths
sqft
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About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1961
Lot size
Annual tax$10,762
CountyCook
MLS #MRD12599733
Days on market7

Features

Cooling
Wall Sleeve
Utilities
Sewer ConnectedWater AvailableCable Available
Construction
Brick
Listed by
Jameson Sotheby's Intl Realty
Matthew Neistat · 847-714-2913

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 3/29/2026, 5:06:39 AM. All data should be independently verified.

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