Chicago, IL 60619 8110 S Cottage Grove Avenue
$299,000
17 more
Presented By: EXIT Strategy Realty
SQFT • 4,000
Home Details
Attractive Mixed use 3-unit located on busy Cottage Grove Avenue this building has two entrances, one on the left for the main floor commercial space which is currently rented to Heathland Alliance as a food pantry- Monthly rent $2,800. The 2nd floor unit is currently used as live work space - monthly rent $1,300. The 3rd floor is a 2bed 1bath apartment. There is a large indoor garage that can fit 4 cars that is used by first floor tenant. Each unit has Individual heating and AC. Great foot traffic, near public transportation, minutes from the express way, and the new Discover call center. Other nearby tenants include Chase, Walgreens, Garrett Popcorn, Dat Donut and many other restaurants.
Presented By: EXIT Strategy Realty
General for 8110 S Cottage Grove Avenue
Additional Parcels Y/NNo
Cap Rate13.2
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsFrom 79th go South on Cottage Grove.
ElectricFuses
Electric Expense
Fuel Expense
Gross Income63600
Insurance Expense3610
Lot Size Square Feet2675
MLS AreaCHI - Chatham
Net Operating Income53979
Number Of Units Total3
Operating Expense9621
PossessionClosing
Possible UseCommercial, Retail
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofRubber
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount5194
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat, Repairs, Varies by Tenant
TownshipHyde Park
Trash Expense0
Water Sewer Expense600
Year Built1923
ZoningCOMMR
Exterior for 8110 S Cottage Grove Avenue
Building Area Total4000
Foundation DetailsBrick/Mortar
Lot Dimensions22X125
Additional Details
Price History
