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
See this Listing
Schools
Interior
Cooling
Central Air, Window Unit(s)
Exterior
Construction Materials
Brick
Roof
Composition
Stories
3
Financial
Tax Year
2024
Taxes
$11,035
Map
Community
- Address8923 S Cottage Grove Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60619
Market Summary
Current real estate data for Commercial in Chicago as of Jun 16, 2026
921
Commercial Listed
187
Avg DOM
$993,327
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 $749,900
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Copyright 2026. All rights reserved.
8923 S Cottage Grove Avenue
Chicago, IL


