8044 S Cottage Grove Avenue, Chicago, IL 60619
Commercial Property 
Built in 1969 
0.25acre lot
—— car garage 
$——/sqft 
Listed 13 days ago
Property Description
Investors! This 3- story mixed use building located in Chicago's Chatham neighborhood needs a brand new look. The first floor has 1 retail space (8044 Cottage Grove) and 6 office spaces (8046 Cottage) and 8 residential apartments; 4 on the second and 4 on third floor (8048 Cottage Grove). A great opportunity for an investor to reposition the property for maximum value, by completing a full renovation and re-tenanting the units, which can significantly increase the property's value and cash flow. The ground-floor retail spaces offer flexible options, from securing a long-term commercial lease with a retail business to converting it into a service-based operation. Building appraised for $362,000 in November 2024.
- Listing Status:
- Active
- Listing Office:
- Village Realty, Inc. : 708-642-8528
- Listing Agent:
- Cynthia Fulton : 708-642-8528
- MLS ID:
- 12503766
- Originating MLS: mred
- County: Cook
- Zoning: 20342150370000
- Utilities: None
- Source: mred
This listing courtesy of Cynthia Fulton, Village Realty, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Dixon Elementary School
8306 S Saint Lawrence Ave, Chicago, IL, 60619
Grades PK-8
0.42 miles away
Dixon Elementary School
8306 S Saint Lawrence Ave, Chicago, IL, 60619
Grades PK-8
0.42 miles away
Hirsch Metropolitan High School
7740 S Ingleside Ave, Chicago, IL, 60619
Grades 9-12
0.44 miles away
