BEDS0
BATHS
MLS#12653957
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional investment opportunity on Cottage Grove Avenue! This well-maintained 9-unit masonry apartment building, built in 1964, is a 3-story walk-up offering approximately. The property features an attractive unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing strong rental appeal and income potential. Additional amenities include five on-site parking spaces and convenient coin-operated laundry for tenant use. Zoned RT-4 (legal pre-existing non-conforming), the property offers added flexibility for investors. Ownership currently covers heat/gas, hot water gas, water/sewer, trash, and common electric expenses. Recent capital improvements include a new heating system and hot water system, adding long-term value and efficiency. A prime opportunity to own a solid multifamily asset in a desirable location! Commerical lending approval or POF prior to all showings are required.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Lot Size: 0.17 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $11,035
Year Built: 1964
Feature Descriptions
Current Use: Multi-Family
Drains: Accessible Entrance
Exterior: Brick
HVAC: Gas, Baseboard
Lot Dimensions: 50X150
Miscellaneous Outdoor: Accessible Entrance
Parcel#: 25021070010000
Potential Use: Multi-Family
Tenant Pays: Electricity
Units: 9
Listed By / Shown By
Listed By
Agency Name: Keller Williams Preferred Rlty
Agency Phone: 708-798-1111
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 2,807.26 per month $1,668.95 Principal & Interest $919.58 Property Tax $218.72 Homeowner's InsuranceChange Payment Information
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8923 S Cottage Grove Avenue | MLS# 12653957
This multi-family property located at 8923 S Cottage Grove Avenue, Chicago, IL 60619 is currently listed for sale with an asking price of $749,900. Search Chicago real estate on www.bhhscrosby.com today.