8923 S Cottage Grove Avenue
Chicago, IL, 60619
$749,900
3 Beds
2 Baths
0 SqFt
0.17 Acres
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$749,900
8923 S Cottage Grove Avenue
Chicago, IL, 60619
MLS #MRD12653957 image #0MLS #MRD12653957 image #1MLS #MRD12653957 image #2MLS #MRD12653957 image #3MLS #MRD12653957 image #4MLS #MRD12653957 image #5MLS #MRD12653957 image #6MLS #MRD12653957 image #7MLS #MRD12653957 image #8MLS #MRD12653957 image #9MLS #MRD12653957 image #10MLS #MRD12653957 image #11MLS #MRD12653957 image #12MLS #MRD12653957 image #13MLS #MRD12653957 image #14MLS #MRD12653957 image #15MLS #MRD12653957 image #16MLS #MRD12653957 image #17MLS #MRD12653957 image #18MLS #MRD12653957 image #19
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.

Property Details

Price:
$749,900
MLS #:
MRD12653957
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
May 26, 2026
Lot Size:
9,987 sqft / 0.17 acres (approx)
Year Built:
1964
Chi – ChathamChichatham

Schools

Interior

Cooling
Central Air, Window Unit(s)

Exterior

Construction Materials
Brick
Roof
Composition
Stories
3

Financial

Net Operating Income
$59,502
Tax Year
2024
Taxes
$11,035
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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 30, 2026
912
Commercial Listed
186
Avg DOM
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Avg List Price

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Property Summary

    8923 S Cottage Grove Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $749,900 To schedule a showing of MLS#mrd12653957 at 8923 S Cottage Grove Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
8923 S Cottage Grove Avenue
Chicago, IL