8237 - 8245 S Cottage Grove Avenue
$599,000
8237 - 8245 S Cottage Grove Avenue, Chicago, IL 60619
12,500 sqft
Lot Area
1954
Year Built
Details:
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!
Listing ID: c402c99d-bc26-420f-b9d9-11d1bdabddf1
Location
Gallery