Cottage Grove Apartments Listing Details & Market Data

8841-8845 S. Cottage Grove Avenue, Chicago, IL 60619

  • For Sale $555,000
  • Property Type Multi-Family
  • Property Size 6,400 SF
  • Units 10
  • Year Built 1965
  • Date Updated Mar 18, 2024
The subject property is located on the east side of Cottage Grove Avenue just south of 87th Street. Cottage Grove is a highly traveled street with multiple shopping and eating establishments. The property is also walking distance to the 87th Street (Woodruff) train platform, and is also easily accessed via I-94 or the Chicago Skyway.Real Realty is pleased to offer this 10-unit apartment building for sale located off of Cottage Grove Avenue in the Chatham neighborhood. The property consists of 8 - one-bedroom and 2 - two-bedroom apartments. Each unit is heated with its own individual hot water boiler and the heat is paid by the tenant. The average rent at the property is $691. The market average for similar properties is over $900. This leaves a significant amount of rental upside for a new owner without spending large dollars on capital improvements.

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Highlights

  • Rents Below Market
  • Tenant Paid Heat
  • Many in-unit renovations

Contacts

broker

James Clough

Real Realty

(773) 551-1268

Location

Getting Around

  • Walk Score ®

    Very Walkable (80)

  • Transit Score ®

    Good Transit (56)

  • Bike Score ®

    Somewhat Bikeable (48)
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Burnside
  • Zip Code 60619
  • Market Chicago

Points of Interest

  • 87th

    1.07 miles

  • 95th/Dan Ryan

    1.32 miles

  • 79th

    1.60 miles

  • Gresham

    2.09 miles

  • Stony Island

    2.40 miles

  • 95th Street (Longwood)

    2.52 miles

  • Bryn Mawr

    2.64 miles

  • 69th

    2.68 miles

  • Brainerd

    2.82 miles

  • 111th Street (Pullman)

    2.83 miles

  • Citgo

    0.16 miles

  • Phillips 66

    0.54 miles

  • Falcoln

    0.70 miles

  • Citgo

    0.78 miles

  • Clark

    0.78 miles

  • BP

    0.93 miles

  • Amstar

    0.98 miles

  • BP

    1.00 miles

  • BP

    1.02 miles

  • Shell

    1.03 miles

  • City of Chicago Auto Pound

    2.23 miles

  • 93rd (South Chicago)

    3.03 miles

  • Campus South Parking

    3.53 miles

  • Dorchester Parking Lot

    3.63 miles

  • Parkiing / Mat Mgmt

    3.78 miles

  • Lexington Parking Lot

    3.82 miles

  • Medical Campus Parking Garage A

    3.85 miles

  • Medical Campus Parking Garage B

    4.04 miles

  • Campus North Parking Garage

    4.21 miles

  • Ashland/63rd Park & Ride

    4.34 miles

  • Subway

    0.24 miles

  • Reggio's Pizza

    0.37 miles

  • Dunkin'

    0.48 miles

  • Church's Chicken

    0.55 miles

  • Pepe's Mexican Restaurant

    0.68 miles

  • City Life

    0.73 miles

  • McDonald's

    0.82 miles

  • KFC

    0.86 miles

  • Subway

    0.87 miles

  • Grand Chinese Kitchen

    0.89 miles

  • The Children Village

    0.21 miles

  • Saint Joachims School

    0.27 miles

  • Burnside Scholastic Academy

    0.39 miles

  • Arthur Ashe Elementary School

    0.46 miles

  • Chesterfield Tom Thumb Day Care Center and Kindergarten School

    0.46 miles

  • Harold Washington Elementary School

    0.53 miles

  • Pirie Elementary School

    0.54 miles

  • McDade Classical Elementary School

    0.71 miles

  • Dixon Elementary School

    0.73 miles

  • Mary E McDowell Elementary School

    0.75 miles

  • Kenyatta's Day Care and Learning Center

    2.60 miles

  • DJ Brooks Child Development Center

    2.65 miles

  • Daycare

    2.78 miles

  • Shining Star Child Development

    2.80 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    2.92 miles

  • Mari's Bumble Bee Academy

    2.97 miles

  • Restoring the Seed Childcare

    3.47 miles

  • Me & You Learning Academy

    3.60 miles

  • UChicago Child Development Center - Drexel

    4.08 miles

  • Shining Star Child Development

    4.13 miles

Contact Listing Broker

broker

James Clough

Real Realty

(773) 551-1268