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8237 - 8245 S Cottage Grove Avenue

$599,000

8237 - 8245 S Cottage Grove Avenue, Chicago, IL 60619

Active
Last Updated: 03/24/2026

12,500 sqft

Lot Area

1954

Year Built

Details:
Lot Area:    12,500 sqft
Year Built:    1954
MlsNumber:    12597834
Highlights:
  • Annual Tax: $ 42800.0
Description:

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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