8544-48 W Gregory Street
Chicago, IL, 60656
$2,000,000
6 Beds
5 Baths
0 SqFt
0 Acres
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$2,000,000
8544-48 W Gregory Street
Chicago, IL, 60656
MLS #MRD12495093 image #0MLS #MRD12495093 image #1MLS #MRD12495093 image #2MLS #MRD12495093 image #3MLS #MRD12495093 image #4MLS #MRD12495093 image #5MLS #MRD12495093 image #6MLS #MRD12495093 image #7MLS #MRD12495093 image #8
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.

Property Details

Price:
$2,000,000
MLS #:
MRD12495093
Status:
Active
Beds:
6
Baths:
5
Type:
Commercial
Neighborhood:
chiohare
Listed Date:
Oct 14, 2025
Year Built:
1972
Chi – O’hareChiohare

Schools

Interior

Exterior

Financial

Maintenance Fee
$3,000
Net Operating Income
$61,589
Tax Year
2023
Taxes
$15,835
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Current real estate data for Commercial in Chicago as of Oct 21, 2025
1,120
Commercial Listed
164
Avg DOM
152
Avg $ / SqFt
$1,045,468
Avg List Price

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Property Summary

    8544-48 W Gregory Street Chicago IL is a Commercial for sale in Chicago, IL, 60656. It is listed for $2,000,000 To schedule a showing of MLS#mrd12495093 at 8544-48 W Gregory Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
8544-48 W Gregory Street
Chicago, IL