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!
Listed By
Agency Name: Century 21 Circle
Agency Phone: 773-465-4200
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
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.