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

$300,000

About 8237 - 8245 S Cottage Grove Avenue

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!

Additional Information: This property is located in the CHI - Chatham neighborhood, IL. This bedrooms retail/stores property is priced at $300,000.

Facts & Features

MLS® # 12597834
Price $300,000
Bathrooms 0.00
Taxes $42,800
HOA Fees Freq. Not Applicable
Year Built 1954
Type Commercial Sale
Sub-Type Retail/Stores
Status Contingent

Community Information

Address 8237 - 8245 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 None
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 135
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $42,800

Listing Details

OfficeCentury 21 Circle

Listing Map

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