9112 S Cottage Grove Avenue, Chicago, IL, 60619

$2,399,000

About 9112 S Cottage Grove Avenue

Located in the Greater Grand Crossing community on Chicago's South Side, just south of Woodlawn and near the Cottage Grove commercial corridor, this 2-Star, 37-room motel exterior corridor was built in 1971 offering 12,000 building Sq. ft. with about 18,000 Sq. ft. of land. The 2-Story motel property offers standard amenities and convenient main-level parking. About 3-miles south of the Obama Presidential Library site near 63rd & Stony Island, the property benefits from ongoing South Side revitalization and corridor reinvestment. The surrounding area features active commercial redevelopment, strong traffic counts, walkable neighborhood retail and services. About 1-mile proximity to the Dan Ryan Expressway with Public transportation includes access to the Metra Electric Line,91st St. station and CTA bus routes providing connections to downtown Chicago and surrounding neighborhoods. Zoned B3-2 Commercial, allowing a wide range of retail, warehouse, mixed-use, and residential-above-retail uses, presenting flexibility for repositioning or redevelopment. The area also qualifies for City of Chicago and local grant initiatives supporting business and property improvements.

Additional Information: This property is located in the CHI - Chatham neighborhood, IL. This bedrooms bus / bus w/real est property is priced at $2,399,000.

Facts & Features

MLS® # 12571884
Price $2,399,000
Bathrooms 0.00
Taxes $160,176
Type Business Opportunity
Sub-Type Bus / Bus w/Real Est
Status Active

Community Information

Address 9112 S Cottage Grove Avenue
Area CHI - Chatham
City Chicago
County Cook
State IL
Zip Code 60619

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Concrete

Additional Information

Days on Market 165
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $160,176

Listing Details

OfficeCentury 21 Circle

Listing Map

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