7448 S Cottage Grove Avenue

Chicago, Illinois 60619
Closed / MLS #11611326 / Multiple Unit (2-4) / Greater Grand Crossing
Listing information updated 11/28/2022 at 1:03pm
7448 S. Cottage Grove, originally a 2-unit mixed-use property (Retail + residential up) was long ago converted to 100% residential use and is composed of 2 jumbo 4BR/2BA apartments that generate $30,336 in annual income, with an in-place cap rate of 9%. These apartments are BIG and this operator fully renovated the building several years ago shifting the utility burden to the tenants, which means very low operating expenses! Hungry? There's plenty of restaurant options along 75th St. & Cottage Grove. Need to get downtown? The CTA #4 Bus is right out front and the Metra Cottage Grove station is only a short walk. Need to get out of Dodge? The Chicago Skyway is just down the block. Considering early retirement? Leak & Sons funeral home is around the corner and a short hearse ride down Cottage! Please note: The asset is being sold as part of a larger 7 building 58-unit package. Please check under the Additional Information tab. PROPERTIES ARE AVAILABLE INDIVIDUALLY!

Full Features

Exterior Type:
Brick
Basement:
Finished
Beds Above Grade:
8
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
100+ Years
Parking Type:
None
Room Count:
16
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre

Taxes & Assessments

Tax Amount:
$2,833
Tax Year:
2020

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: SRFG, Inc

Listing Office Phone: 773.968.1110

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 11/28/2022 at 1:03pm. 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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7448 S Cottage Grove Avenue is a multiple unit (2-4) which sold for $244,900. 7448 S Cottage Grove Avenue features 8 bedroom(s) and 4.0 bath(s). This multiple unit (2-4) has been listed on @properties since August 23rd, 2022 and was built in 1920. The nearest transit stops include Cottage Grove CTA Green line and Grand Crossing Metra Metra Metra Electric Main Branch line. Want to learn more about 7448 S Cottage Grove Avenue?