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
| MLS # | 12761925 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1969 |
| Days On Site | 10 |
| Listing Provided By | Village Realty, Inc. | Cynthia Fulton |
| Story(s) | 3 |
|---|---|
| Units | 15 |
| Cooling | None |
|---|
| Electric | None |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 18365.93 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60619 |
| Area | CHI Chatham |
| Listing VS Median (in 60619) | |
Price: $130,000 low | high Med: $175,000 On site: 10 low | high Med: 66 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60619 |
| Area | CHI Chatham |
| Listing VS Median (in 60619) | |
Price: $130,000 low | high Med: $175,000 On site: 10 low | high Med: 66 | |