Chicago, IL 60619 8917 S Cottage Grove Avenue
$1,550,000



12 more












Presented By: Halsted Taylor Real Estate
Home Details
12 Unit Turnkey available on popular Cottage Grove in the Burnside neighborhood. This property just recently went through a large renovation to all units. The building features an excellent unit mix with 11 x 2 bedrooms and 1 x 1 bedroom. All units are currently rented and producing excellent cash flow. The property is located just blocks from the 87th and Cottage Grove shopping corridor, public transportation and Chicago State University. This is an armchair investment property with nothing further to do. Updated to the property include but are not limited to the following : new kitchens, updated bathrooms, refinished flooring, new appliances., new finish plumbing and electrical fixtures, new electrical panels in unit, newly built out laundry room, 4 newly remodeled common hallways, new central boiler with individual zone controls per unit. The units are all similar in layout and feature spacious layouts with a large living room, eat-in kitchen, and 2 bedrooms. The building also has 7 parking spaces in the back of the building.
Presented By: Halsted Taylor Real Estate
Interior Features for 8917 S Cottage Grove Avenue
Other Interior Features
BasementNone
General for 8917 S Cottage Grove Avenue
Additional Parcels Y/NNo
Cap Rate10
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseMulti-Family
Directions87th to Cottage Grove south to building
ElectricCircuit Breakers
Electric Expense1200
Fuel Expense9000
Gross Income223188
Insurance Expense12000
Lot Size Square Feet9952
MLS AreaCHI - Chatham
MaintenanceExpense4200
ModificationTimestamp2025-10-20T05:07:34.491Z
Net Operating Income156228
Number Of Units Total12
Operating Expense66960
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount10380
Tax Year2023
Tenant PaysElectricity
TownshipHyde Park
Trash Expense2400
Water Sewer Expense4800
Year Built1964
ZoningMULTI
Exterior for 8917 S Cottage Grove Avenue
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions66 X 150
Water SourceMunicipal Water
Additional Details
Price History
