Chicago, IL 60656 8544-48 W Gregory Street
$2,000,000
4 more
Presented By: Flats, LLC
Beds • 6
Home Details
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.
Presented By: Flats, LLC
General for 8544-48 W Gregory Street
Additional Parcels Y/NNo
CityChicago
ContingencyAttorney/Inspection
CountyCook
DirectionsExit I-90 south onto N Cumberland. Turn west onto W Bryn Mawr. Turn south onto N Delphia. Turn east onto W Gregory.
Electric Expense892
Fuel Expense8664
Gross Income11050
Insurance Expense4823
MLS AreaCHI - O'Hare
MaintenanceExpense3000
ModificationTimestamp2025-10-21T20:06:01.908Z
Net Operating Income61589
Number Of Units Total12
Operating Expense66540
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount15835
Tax Year2023
Trash Expense7310
Water Sewer Expense7800
Year Built1972
Exterior for 8544-48 W Gregory Street
Lot Dimensions90 X 125
Additional Details
Price History
