8923 S Cottage Grove Avenue
Chicago, IL, 60619
$699,900
3 Beds
2 Baths
0 SqFt
0.17 Acres
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MLS #MRD12653957 image #0
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:
$699,900
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

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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

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 04, 2026
906
Commercial Listed
185
Avg DOM
$1,021,515
Avg List Price

Property Summary

    8923 S Cottage Grove Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $699,900

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