8237 - 8245 S Cottage Grove AVE, Chicago, IL 60619
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8237 - 8245 S Cottage Grove AVE Chicago, IL 60619

6,300 SqFt


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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $63

MLS Listing ID 12597834

Year Built 1954

Annual Tax Amount $42,800

Tax Year 2024

Lot Dimensions 100x125

Property Sub-Type Retail/Stores

Property Description

Owner retired - motivated sale! Excellent investment or owner-user opportunity in Chicago's desirable Chatham business district. This one-story greystone and brick commercial property features six retail storefronts with strong visibility and 100 feet of frontage along busy Cottage Grove Avenue. The property is currently income-producing with four established tenants in place. Two stores are vacant. Tenants are responsible for all utilities except water. The rear of the property provides ample parking with 12+ spaces, a valuable amenity for both tenants and customers. There are 4 separate pin numbers. With some TLC and the right management from a savvy business owner, this property has the potential to generate substantial income. Sold "as is" condition. The building needs new roof!

Location

State IL

County Cook

Area Chi - Chatham

Zoning COMMR

Interior

Cooling None

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Nha Le of  Century 21 Circle 

Nearby School & Business

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