7020 South Cregier Avenue

Chicago, IL 60649

$4,500,000
Price
70
Beds
61
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing opportunity to own one of the nicest condominium buildings in south shore. Very Attractive Assumable Fannie Mae Debt. Low Property Taxes. See Agent Remarks for Showing Instructions. Offering Memorandum available upon request.Amazing opportunity to own one of the nicest condominium buildings in south shore. Very Attractive Assumable Fannie Mae Debt. Low Property Taxes. See Agent Remarks for Showing Instructions. Offering Memorandum available upon request.
  1. Listed by Kevin Rocio • @properties Commercial
  2. Listed by David Urbaniak • @properties Commercial

Property Details for 7020 South Cregier Avenue

Area
CHI - South Shore
LISTING UPDATED: 10/04/2024 07:05 PM

Property Details for 7020 South Cregier Avenue

StatusRe - Activated
MLS #12007017
Days on Market201
Taxes$73,910 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Courtyard
Year Built-
Lot Size0.19 AC / 8,159 SF
CountyCook County

Building

7020 S Cregier Ave

14 Units4 Stories

Building Information for 7020 South Cregier Avenue

Stories4Residences14Year Built-Building Size-Lot Size0.19 AC / 8,159 SF

Property Information for 7020 South Cregier Avenue

General Information
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Individual
  • Electric: Circuit Breakers
  • # Of Washers: 32
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 32
  • Washer/Dryer Lsd: No
  • # Of Dryers: 32
  • # Of Dishwashers: 32
  • Num of Baths: 61.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Courtyard
  • Lot Dimensions: 8159
  • Stories: 3
  • # Of Ranges: 32
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-03-18T18:05:52
  • Photos Count: 13
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 32
Income & Expenses
  • Electric Expense: $4,239.00
  • Fuel Expense: $.00
  • Gross Income: $529,176.00
  • Gross Scheduled Income: $529,176.00
  • Insurance Expense: $20,800.00
  • Maintenance Expense: $8,000.00
  • Manager Expense: $35,190.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Manager Expense Source: AC
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 44098
  • Water Expense Source: Actual
  • Net Operating Income: $319,474.00
  • Operating Expense: $183,243.00
  • Other Expense: $21,328.00
  • Trash Expense: $10,135.00
  • Water Sewer Expense: $9,641.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 22
Unit 4
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 7
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7020 South Cregier Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7020 South Cregier Avenue

Taxable ValueLand$648Additions$8,851Total$9,499
Tax Record2021$1,910 ($159 / month)
Home Facts
Beds0Lot Size8,159 SqFtStyleCondominiumYear Built1920CountyCOOKAPN20-24-325-059-1004

Schools near 7020 South Cregier Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Parkside Elementary Community Academy
PublicPK to 8

Hyde Park Academy High School
Public9 to 12

South Shore Fine Arts Elementary School
PublicPK to 8

South Shore Intl Col Prep High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7020 South Cregier Avenue is a multi-family home for sale in Chicago, IL 60649. This property was listed for sale on March 18, 2024 by @properties Commercial, it's currently listed at $4,500,000. It has been on the market for a total of 201 days and was last sold on January 9, 2020. This listing's school district is City Of Chicago School District 299. Nearby schools include Parkside Elementary Community Academy, Hyde Park Academy High School and South Shore Fine Arts Elementary School. 7020 South Cregier Avenue is a 70-bed, 61-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties Commercial

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/04/2024 07:05 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.