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

$499,000
  • 8237 - 8245 S Cottage Grove Avenue, Chicago, IL 60619 Main Photo

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Active
SQUARE FEET6,300 MLS#12597834
STATUSActive PROPERTY TYPECommercial - Retail

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!

8237 - 8245 S Cottage Grove Avenue | MLS# 12597834

This commercial property located at 8237 - 8245 S Cottage Grove Avenue, Chicago, IL 60619 is currently listed for sale with an asking price of $499,000. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Commercial - Retail
Cooling: None
Lot Size: 0.29 Acres
Stories: 1.0
Taxes: $42,800
Year Built: 1954

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers, Service - 0 to 100 Amps
Exterior: Brick
Fire Protection: Fire Extinguisher/s
Frontage Type: City Street
HVAC: Forced Air, Gas
Location: Central Business District
Lot Dimensions: 100x125
Number of Tenant(s): 6
Parcel#: 20351200120000
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 6

Listed By / Shown By

Listed By

Agency Name: Century 21 Circle
Agency Phone: 773-465-4200

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