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$600,000

8022 S Cottage Grove Avenue
Chicago, Illinois 60619

Closed / MLS #10782347 / Commercial / Mixed Use / Chatham
Listing information updated 11/30/2020 at 2:43pm
EXCELLENT MUTLI-USE BUILDING WHICH IS VERY EASY TO OPERATE DUE TO LONG TERM COMMERCIAL TENANTS. UNITS HAVE BEEN PROFESSIONALLY UPDATED WITH NEW KITCHEN, BATH, CARPETING AND PAINT. THE TWO STORE FRONTS ARE COMBINED WITH A BAR AND A RESTAURANT AT $2300 PER MONTH! THERE ARE 8 RESIDENTIAL UNITS CONSISTING OF 4 STUDIO'S AND 4 ONE BEDROOMS. THIS IS A 17% CAP WHICH CAN BE MAXIMIZED WITH RENT ROLL INCREASES.
Built:
1955
Parking Spaces:
8
Cooling System:
None
Stories:
3
Current Use:
Commercial, Other
Potential Use:
Commercial, Residential-Multi-Family
Zoning:
COMMR
Current Net Income:
$100,990
Tax Amount:
$9,713
Tax Year:
N/A
Zip Code:
60619
City:
Chicago
County:
Cook

Listing Office: Wulf Properties Realty Corp

Listing Office Phone: 773.704.5905

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 11/30/2020 at 2:43pm. 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. Some listings have been excluded from this website.

Chatham, IL

A well-established neighborhood that has evolved over the years, Chatham is home to many residents that have lived in the community for much of their lives. Avalon Highlands, Chesterfield, and Chatham Fields are three of the sub-areas that comprise this tight-knit community. Listed on the National R...

Metra

Metra
Metra Electric Main Branch line at Chatham Metra
$223,901
Average Sale Price
101
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 8022 S Cottage Grove Avenue, Chicago, IL 60619
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8022 S Cottage Grove Avenue, Chicago, IL 60619 is a commercial / mixed use which sold for $600,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since July 15th, 2020 and was built in 1955. The nearest transit stops include Chatham Metra Metra Metra Electric Main Branch line.

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