Property Overview

Interra Realty is pleased to exclusively present the multifamily asset located at 8532-8536 W. Gregory Street in Chicago, Illinois for sale. Thesubject investment property consists of a twelve-unit courtyard apartment building with off -street parking competitively positioned in the O'Haresubmarket. The location off ers tenants convenient access to the Cumberland CTA stop (walking distance from the property), the KennedyExpressway and O'Hare International Airport.

The unit mix is comprised of one (1) studio, one (1) 1-bed/1bath, and ten (10) 2-bed/1bath units. The units are cooled via wall A/C units and heatedthrough fi rst fl oor radiant heat and hot water baseboard heat on the second and third fl oor. Off -street parking and storage are available and thereare two common laundry rooms.

Highlights

  • Rarely Available Courtyard Building in Highly Sought After Sub Market
  • Attractive Unit Mix with 83% 2 Bedroom Units
  • Value-Add Opportunity with Intentional Vacancy & Planned Move-Outs
  • Long-Term Ownership of 45+ Years
  • Located Nearby O’Hare Intl. Airport, CTA Train and Major Expressways

Key Details

TRansaction Date
2024
Number of Units
Twelve (12)
Submarket
O'Hare