Property Overview
Interra Realty is pleased to exclusively present the multifamily asset located at 8532-8536 W. Gregory Street in Chicago, Illinois for sale. The subject investment property consists of a twelve-unit courtyard apartment building with off -street parking competitively positioned in the O'Hares ubmarket. The location offers tenants convenient access to the Cumberland CTA stop (walking distance from the property), the Kennedy Expressway 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 heated through first floor radiant heat and hot-water baseboard heat on the second and third floor. Off -street parking and storage are available and there are 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
