8825 S Cottage Grove Avenue

Chicago, Illinois 60619
Active / MLS #11991715 / Multiple Unit (2-4) / Chatham
Listing information updated 3/9/2024 at 10:43am
Presenting a remarkable investment opportunity in the vibrant Chatham neighborhood of Chicago. This multi-unit property, located on South Cottage Grove, offers a unique blend of comfort, convenience and potential. The building features two spacious units, each with its own distinct charm, and a bonus third unit on the lower level. Each unit is currently tenant-occupied on a month-to-month basis, ensuring immediate income potential for the new owner. Both units are rented at a competitive rate of $1,350.00 each, reflecting the desirability of the location and the quality of the living spaces. The lower level is rented at $1150.00/monthly. The property also boasts a convenient laundry hook-up situated on the first floor rear, adding an extra layer of convenience for tenants. This feature not only enhances the prospective appeal of the units but also offers a potential additional income stream for the owner. Investors will appreciate that the building is being offered for sale with a preference for conventional,FHA or cash transactions, facilitating a smooth and expedient transfer process. This multi-unit building represents an excellent opportunity for both seasoned investors and those looking to enter the real estate market. Its prime location in Chatham, coupled with its solid income potential, makes it a must-see on your property list.

Full Features

Exterior Type:
Brick
Basement:
Finished,Exterior Access
Beds Above Grade:
8
Heating System:
Natural Gas, Electric, Baseboard, Radiator(s)
Pool:
No
Age:
61-70 Years
Roof Type:
Flat
Parking Type:
None
Room Count:
23
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre

Taxes & Assessments

Tax Amount:
$2,408
Tax Year:
2021

Location

Zip Code:
60619
City:
Chicago
County:
Cook

Schools

School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Homesmart Connect LLC

Listing Office Phone: 312.500.5040

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/9/2024 at 10:43am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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8825 S Cottage Grove Avenue is a multiple unit (2-4) currently listed at $330,000. 8825 S Cottage Grove Avenue features 8 Beds, 2 Baths, 2 Half Baths. This multiple unit (2-4) has been listed on @properties since March 1st, 2024 and was built in 1961. The nearest transit stops include Woodruff Metra Metra Metra Electric Main Branch line.