8237 – 8245 S Cottage Grove Avenue
Chicago, IL, 60619
$499,000
Beds
0 Baths
0 SqFt
0 Acres
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$499,000
8237 – 8245 S Cottage Grove Avenue
Chicago, IL, 60619
MLS #MRD12597834 image #0
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!

Property Details

Price:
$499,000
MLS #:
MRD12597834
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Neighborhood Storefront
Neighborhood:
chichatham
Listed Date:
Mar 23, 2026
Total Sq Ft:
6,300
Year Built:
1954
Chi – ChathamChichatham

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Stories
1

Financial

HOA Fee Frequency
Not Applicable
Net Operating Income
$22,884
Tax Year
2024
Taxes
$42,800
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of May 07, 2026
893
Commercial Listed
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Avg DOM
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Avg List Price

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Property Summary

    8237 – 8245 S Cottage Grove Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $499,000 To schedule a showing of MLS#mrd12597834 at 8237 – 8245 S Cottage Grove Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
8237 – 8245 S Cottage Grove Avenue
Chicago, IL