1739 W Gregory St Chicago, IL 60640
Andersonville NeighborhoodEstimated payment $14,773/month
Highlights
- 7,875 Sq Ft lot
- Corner Lot
- Accessible Bathroom
- 6 Fireplaces
- Storage Room
- 5-minute walk to Mellin Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,936
Year Built
- Built in 1924
Lot Details
- 7,875 Sq Ft Lot
- Lot Dimensions are 63 x 125
- Corner Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Membrane Roofing
- Reflective Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 7,506 Sq Ft Home
- 3-Story Property
- 6 Fireplaces
- Storage Room
Partially Finished Basement
- Block Basement Construction
- Basement Storage
Accessible Home Design
- Accessible Bathroom
Utilities
- No Cooling
- Central Heating
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
- Separate Meters
- 220 Volts
Listing and Financial Details
- The owner pays for trash collection, water, common area maintenance, electricity, heat, hot water, insurance, taxes, repairs, roof
Community Details
Overview
- Association fees include heat, water, electricity, parking, exterior maintenance, lawn care, snow removal
- 6 Units
Amenities
- Workshop Area
Building Details
- Electric Expense $480
- Fuel Expense $7,300
- Insurance Expense $8,472
- Maintenance Expense $2,000
- Other Expense $2,000
- Trash Expense $3,600
- Water Sewer Expense $3,600
- Operating Expense $29,936
- Gross Income $180,000
- Net Operating Income $153,548
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,420 | $149,001 | $74,498 | $74,503 |
| 2024 | $23,420 | $149,001 | $74,498 | $74,503 |
| 2023 | $22,831 | $111,000 | $60,000 | $51,000 |
| 2022 | $22,831 | $111,000 | $60,000 | $51,000 |
| 2021 | $22,321 | $111,000 | $60,000 | $51,000 |
| 2020 | $20,830 | $93,506 | $34,500 | $59,006 |
| 2019 | $21,348 | $106,257 | $34,500 | $71,757 |
| 2018 | $20,989 | $106,257 | $34,500 | $71,757 |
| 2017 | $16,767 | $77,888 | $30,000 | $47,888 |
| 2016 | $15,600 | $77,888 | $30,000 | $47,888 |
| 2015 | $16,874 | $92,084 | $30,000 | $62,084 |
| 2014 | $13,993 | $75,417 | $22,500 | $52,917 |
| 2013 | $13,716 | $75,417 | $22,500 | $52,917 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $2,300,000 | -- | $306 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12596092
APN: 14072040090000
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Ask me questions while you tour the home.