Chicago, IL 60619 8237 - 8245 S Cottage Grove Avenue

Presented By: Century 21 Circle
  • MLS# 12597834
  • 03/23/2026
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  • SQFT • 6,300

Home Details

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!
Presented By: Century 21 Circle

General for 8237 - 8245 S Cottage Grove Avenue

Additional Parcels Description20351200130000, 20351200140000, 20351200150000
Additional Parcels Y/NYes
Assoc Fee Paid PerNot Applicable
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseCommercial
Directions83rd Street to Cottage Grove Ave turn North to the address.
ElectricCircuit Breakers, Service - 0 to 100 Amps
Gross Income118284
Insurance Expense8000
Leasable Area6300
Lease TypeGross
Lot Size Square Feet12500
MLS AreaCHI - Chatham
Net Operating Income40017
Number Of Units Total6
Property SubtypeNeighborhood Storefront
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusPrice Change
Stories Count1
Tax Annual Amount42800.48
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat
TownshipHyde Park
Water Sewer Expense3066
Year Built1954
ZoningCOMMR

Exterior for 8237 - 8245 S Cottage Grove Avenue

Building Area Total6300
Frontage TypeCity Street
Lot Dimensions100x125

Additional Details

Price History

Client Care

Price $449,000
MLS#12597834
List Date 03/23/2026
Property Type Commercial
Phone 847.485.2500
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