7006 S Cregier Avenue, Chicago, IL 60649 - Photo 1

1/1

$1,050,000

Sold
Closed
Commercial
Updated 1 day ago

1/1

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.

Full Property Details

Full Property Details for 7006 S Cregier Ave

General

Sold For: $1,050,000
Taxes: $10,762 (2024)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12599733
Added to Site: 81 day(s) ago

Interior

Interior Features: Accessible Entrance, Storage Inside, Laundry Room

Location

Area: CHI - South Shore
County: Cook
Driving Directions: 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.
Location Details: In City Limits

Heating & Cooling

Cooling Type: Wall Sleeve
Heating Type: Electric

Utilities

Water: Community Water
Onsite: Sewer Connected, Water Available, Cable Available

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Finished, Exterior Entry, Walk-Up Access
Stories/Levels: 3
Current Bldg. Use: Multi-Family
Year Built: 1961
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 11
Units w/Range/Oven: 11

Lot Features

Lot Dimensions: 50' x 163'
Frontage: City Street
Potential Use: Condominium, Multi-Family
Zoning: MULTI

Financial Considerations

Operating Expenses: $44,244
Assessment Year: 1961
Tax Amount: $10,762
Tax Year: 2024
Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water, All Utilities

Disclosures and Reports

Property ID: 20243250190000

Listed by Jameson Sotheby's Intl Realty
Sold by @properties Christie's International Real Estate

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 7006 S Cregier Ave —

Jameson Sotheby's Intl Realty

(847) 714-2913

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 7006 S Cregier Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Parkside Elementary Community Academy 6938 South East End Avenue, Chicago, IL 60649	PK-8	0.1 mi
Hyde Park Academy High School 6220 South Stony Island Avenue, Chicago, IL 60637	9-12	1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7006 S Cregier Ave

Date

Details

Price

Change

Source

6/11/2026

Sold

$1,050,000

—

MLS

3/23/2026

Listed

$1,050,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

1304 S 58th Ave, Cicero, IL 60804 - Photo 1

Just Listed

$370,000

Open House

1304 S 58th Ave Cicero, IL 60804

Multi-Family
Active
Updated 3 days ago

9
Total Beds

Listed by Ana Zuniga (773) 501-9051

7736 Monroe St, Forest Park, IL 60130 - Photo 1

Just Listed

$599,987

7736 Monroe St Forest Park, IL 60130

Single Family
Active
Updated 18 hours ago

5
Beds
4
Total Baths
2,700
Sq. Ft.

Listed by Nicole Norwalk (847) 322-4287

4842 N Vine Ave, Norridge, IL 60706 - Photo 1

Just Listed

$1,199,000

4842 N Vine Ave Norridge, IL 60706

Single Family
Active
Updated 3 days ago

6
Beds
6
Total Baths
4,300
Sq. Ft.

Listed by Teresa Spyrka (773) 805-2100

5013 N Oneida Ave, Norridge, IL 60706 - Photo 1

Just Listed

$420,000

Open House

5013 N Oneida Ave Norridge, IL 60706

Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath

Listed by Dorota Dynak (708) 989-2232

1605 S 51st Ct, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-2.51%)

$389,000

1605 S 51st Ct Cicero, IL 60804

Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
2,200
Sq. Ft.

Listed by Irma Mejia (312) 671-1480

1801 S Lombard Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$24,900 (-5.53%)

$425,000

1801 S Lombard Ave Cicero, IL 60804

Multi-Family
Active
Updated 3 days ago

6
Total Beds

1507 S 51st Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$30,100 (-9.41%)

$289,900

1507 S 51st Ave Cicero, IL 60804

Multi-Family
Active
Updated 11 hours ago

6
Total Beds

5340 W 30th St, Cicero, IL 60804 - Photo 1

Price Reduced

-$5,000 (-1.47%)

$334,900

5340 W 30th St Cicero, IL 60804

Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,143
Sq. Ft.

1439 E 66th Pl, Chicago, IL 60637 - Photo 1

Sold

$1,200,000

1439 E 66th Pl Chicago, IL 60637

Commercial
Closed

6506 S Ellis Ave, Chicago, IL 60637 - Photo 1

Sold

$1,100,000

6506 S Ellis Ave Chicago, IL 60637

Commercial
Closed

8139 S Drexel Ave, Chicago, IL 60619 - Photo 1

Sold

$985,000

8139 S Drexel Ave Chicago, IL 60619

Commercial
Closed

8,553
Sq. Ft.

5114 S Kenwood Ave, Chicago, IL 60615 - Photo 1

Sold

$1,000,000

5114 S Kenwood Ave #PHB Chicago, IL 60615

Condo
Closed

3
Beds
3
Total Baths
1,881
Sq. Ft.

7006 S Cregier Avenue, Chicago, IL 60649 (MLS# 12599733) is a Commercial property that was sold at $1,050,000 on June 11, 2026. Want to learn more about 7006 S Cregier Avenue? Do you have questions about finding other Commercial real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

7006 S Cregier Ave Chicago, IL 60649