Chicago, IL 60619 8907 S Cottage Grove Avenue
$699,900



16 more

















Presented By: Keller Williams Preferred Rlty
Home Details
Exceptional opportunity to own a well-maintained mixed-use property in the heart of Chatham's residential corridor. Anchored by a long-term daycare tenant in the storefront, this asset provides strong, stable income with room for future upside. Each unit features individual heat and cooking gas, with convenient off-street parking at the rear. Situated along a public transportation route and within walking distance to schools, parks, shopping, and Chicago State University, the location is ideal for both tenants and business operations. Long-time owner is retiring. This is a perfect opportunity for investors seeking a reliable, income-generating property in a strong community setting. Proof of funds required to preview. Serious inquiries only.
Presented By: Keller Williams Preferred Rlty
General for 8907 S Cottage Grove Avenue
Additional Parcels Y/NNo
Cap Rate12
CityChicago
Construction MaterialsConcrete, Brick
CoolingNone
CountyCook
DirectionsCottage Grove, South of 87th St
ElectricCircuit Breakers
Electric Expense1456
Fuel Expense893
Gross Income115200
Insurance Expense4232
Lot Size Square Feet7500
MLS AreaCHI - Chatham
ModificationTimestamp2025-07-26T14:57:01.775Z
Net Operating Income65522
Number Of Units Total9
Operating Expense34678
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount14787
Tax Year2023
Tenant PaysElectricity, Heat
TownshipHyde Park
Trash Expense5814
Virtual TourClick here
Water Sewer Expense6019
Year Built1926
ZoningMULTI
Exterior for 8907 S Cottage Grove Avenue
Lot Dimensions50 X 150
Additional Details
Price History
