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0 Beds
7,506 sqft

$2,300,000

1739 W Gregory Avenue, Chicago IL, 60640

Price per sqft$306.42
Built in1924
Property size7,506 sqft
Property typeMulti-family
Listed by Kirby Pearson with Pearson Realty Group 312-805-0005

Overview

Under contract

Contingent

Listed May 1, 2026

Updated Aug 8

Andersonville 6-Unit Investment Opportunity - Rarely available in the heart of Andersonville, this well-maintained 6-unit building presents an exceptional opportunity for savvy investors looking to secure a stable, income-generating asset in one of Chicago's most desirable neighborhoods. Each of the six units features a spacious 1200 sq. ft., 2-bedroom, 1-bathroom layout, with in an enclosed, insulated, back porch that adds an extra room for an office or storage. The property has been carefully maintained over the years. A standout feature is the availability of 5 garage parking spaces-an increasingly valuable amenity in this area-along with 7 separate storage rooms in the basement. Major updates include an upgraded electrical system installed within the last 5-7 years and a roof in good condition, updated approximately 10-15 years ago, which provides added peace of mind and reduces the likelihood of near-term capital expenses. Located in a high-demand rental corridor, this property benefits from Andersonville's vibrant mix of dining, shopping, accessible transportation, and community charm, making it highly attractive to long-term tenants. Whether you're expanding your portfolio or entering a sought-after market, this is a rare opportunity to acquire a solid, income-producing building in a tightly held neighborhood.

$15,302/mo

Est. mortgage payment based on a $2,300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12596092

Interior Features

Bedrooms
0
Fireplace
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$29,936
Tax Frequency
Annually
Maintenance Expense
$2,000
MLS provider logo

Listed by Kirby Pearson with Pearson Realty Group 312-805-0005

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Allie Payne Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:57 AM UTC on 8/8/2026. 

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