8923 S Cottage Grove Avenue,Chicago, IL 60619
Chicago, IL 60619
Description
Exceptional investment opportunity on Cottage Grove Avenue! This well-maintained 9-unit masonry apartment building, built in 1964, is a 3-story walk-up offering approximately. The property features an attractive unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing strong rental appeal and income potential. Additional amenities include five on-site parking spaces and convenient coin-operated laundry for tenant use. Zoned RT-4 (legal pre-existing non-conforming), the property offers added flexibility for investors. Ownership currently covers heat/gas, hot water gas, water/sewer, trash, and common electric expenses. Recent capital improvements include a new heating system and hot water system, adding long-term value and efficiency. A prime opportunity to own a solid multifamily asset in a desirable location! Commerical lending approval or POF prior to all showings are required.
Details
| MLS # | 12653957 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 107 |
| Listing Provided By | Keller Williams Preferred Rlty | Jamie Lemmons-Svoboda |
Features
| Story(s) | 3 |
|---|---|
| Units | 9 |
| Zoning | MULTI |
| Acreage | 0.17 |
Interior
| Cooling | Central Air, Window Unit(s) |
|---|
Exterior
| Roof | Composition |
|---|---|
| Construction Materials | Brick |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 11035 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60619 |
| Area | CHI Chatham |
| Listing VS Median (in 60619) | |
Price: $699,900 low | high Med: $175,000 On site: 107 low | high Med: 218 | |
Market Activity 60619
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60619 |
| Area | CHI Chatham |
| Listing VS Median (in 60619) | |
Price: $699,900 low | high Med: $175,000 On site: 107 low | high Med: 218 | |
