8044 S Cottage Grove Avenue, Chicago, IL

$130,000

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About 8044 S Cottage Grove Avenue

Investors! Contractors!This 3- story mixed use building located in Chicago's Chatham neighborhood needs a brand new look. Needs Total Rehab! The first floor has 1 retail space (8044 Cottage Grove) and 6 office spaces (8046 Cottage) and 8 residential apartments; 4 on the second and 4 on third floor (8048 Cottage Grove). A great opportunity for an renovate the property for maximum value, by completing a full renovation and re-tenanting the units, which can significantly increase the property's value and cash flow. The ground-floor retail spaces offer flexible options, from securing a long-term commercial lease with a retail business to converting it into a service-based operation. Building being sold As-Is Where-Is

Features of 8044 S Cottage Grove Avenue

MLS® # 12761925
Price $130,000
Bathrooms 0.00
Year Built 1969
Type Commercial Sale
Sub-Type Mixed Use
Commercial Sub-Type Mixed Use
Status New
Taxes $18,366

Community Information

Address 8044 S Cottage Grove Avenue
Area CHI - Chatham
City Chicago
County Cook
State IL
Zip Code 60619

Amenities

Is Waterfront No
New Construction No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Additional Information

Days on Market 3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeVillage Realty, Inc.

Listing Map

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