Properties

Features
: Wall Sleeve
: Finished , Exterior Entry , Walk-Up Access
: Cable Available , Sewer Connected , Water Available
Address Map
US
IL
Cook
Chicago
60649
Cregier
7006
Avenue
W88° 25' 6.4''
N41° 46' 3.5''
From Stony Island Ave, turn East on 70th St. After 3 blocks, turn right onto Cregier Ave. The listing is the second building on the West (right) side of Cregier.
CHI - South Shore
CHI - South Shore
S
S
MULTI
Additional Information
: Brick
: Multi-Family
Circuit Breakers
Circuit Breakers
50' X 163'
11
11
Condominium,Multi-Family
3
: Community Water
Jameson Sotheby's Intl Realty
Matthew Neistat
Financial
10762
Listing Information
841087
10646
MRED
Listing Information
Pending
2026-05-01T08:09:04Z
2026-04-29T19:30:36Z
Property Description

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.

Commercial Sale For Sale

7006 S Cregier S Avenue, Chicago, Illinois 60649

$1,050,000
Listing ID#12599733
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12599733
Price : $1,050,000
Year Built : 1961
Listing Status : Pending
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