8237 - 8245 S Cottage Grove Avenue, Chicago, IL 60619
sale
$499,000
|
Retail
Listed By CENTURY 21 Circle
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!
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Property Features
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 12500 Sq. Ft.
- MLSID: 12597834
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Tax Year: 2024
- Taxes: $42800.00
- Year Built: 1954
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