Cottage Grove Apartments

8841-8845 S. Cottage Grove Avenue, Chicago, IL 60619

  • For Sale $555,000
  • Property Type Multi-Family
  • Property Size 6,400 SF
  • Units 10
  • Year Built 1965
  • Date Updated Oct 13, 2023
The subject property is located on the east side of Cottage Grove Avenue just south of 87th Street. Cottage Grove is a highly traveled street with multiple shopping and eating establishments. The property is also walking distance to the 87th Street (Woodruff) train platform, and is also easily accessed via I-94 or the Chicago Skyway.Real Realty is pleased to offer this 10-unit apartment building for sale located off of Cottage Grove Avenue in the Chatham neighborhood. The property consists of 8 - one-bedroom and 2 - two-bedroom apartments. Each unit is heated with its own individual hot water boiler and the heat is paid by the tenant. The average rent at the property is $691. The market average for similar properties is over $900. This leaves a significant amount of rental upside for a new owner without spending large dollars on capital improvements.

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Highlights

  • Rents Below Market
  • Tenant Paid Heat
  • Many in-unit renovations

Contacts

broker

James Clough

Real Realty

(773) 551-1268

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Transit Score ®

    56/100 Good Transit

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Burnside
  • Zip Code 60619
  • Market Chicago

Points of Interest

  • 87th

    1.07 miles

  • 95th/Dan Ryan

    1.32 miles

  • 79th

    1.60 miles

  • Gresham

    2.09 miles

  • Stony Island

    2.40 miles

  • 95th Street (Longwood)

    2.52 miles

  • Bryn Mawr

    2.64 miles

  • 69th

    2.68 miles

  • Brainerd

    2.82 miles

  • 111th Street (Pullman)

    2.83 miles

  • Citgo

    0.16 miles

  • Phillips 66

    0.54 miles

  • Falcoln

    0.70 miles

  • Citgo

    0.78 miles

  • Clark

    0.78 miles

  • BP

    0.93 miles

  • Amstar

    0.98 miles

  • BP

    1.00 miles

  • BP

    1.02 miles

  • Shell

    1.03 miles

  • City of Chicago Auto Pound

    2.23 miles

  • 93rd (South Chicago)

    3.03 miles

  • Campus South Parking

    3.53 miles

  • Dorchester Parking Lot

    3.63 miles

  • Parkiing / Mat Mgmt

    3.78 miles

  • Lexington Parking Lot

    3.82 miles

  • Medical Campus Parking Garage A

    3.85 miles

  • Medical Campus Parking Garage B

    4.04 miles

  • Campus North Parking Garage

    4.21 miles

  • Ashland/63rd Park & Ride

    4.34 miles

  • Admiral Motel

    0.34 miles

  • Skyway Motel

    1.02 miles

  • East of the Ryan

    1.24 miles

  • South Shore Motel

    1.38 miles

  • Empire Motel

    1.56 miles

  • Royal Motel

    2.13 miles

  • Beverly Motel & Suites

    2.63 miles

  • Best Motel

    2.94 miles

  • New Budget Motel

    3.01 miles

  • The Study at the University of Chicago

    3.63 miles

  • Subway

    0.24 miles

  • Reggio's Pizza

    0.37 miles

  • Dunkin'

    0.48 miles

  • Church's Chicken

    0.55 miles

  • Pepe's Mexican Restaurant

    0.68 miles

  • City Life

    0.73 miles

  • McDonald's

    0.82 miles

  • KFC

    0.86 miles

  • Subway

    0.87 miles

  • Grand Chinese Kitchen

    0.89 miles

  • The Children Village

    0.21 miles

  • Saint Joachims School

    0.27 miles

  • Burnside Scholastic Academy

    0.39 miles

  • Arthur Ashe Elementary School

    0.46 miles

  • Chesterfield Tom Thumb Day Care Center and Kindergarten School

    0.46 miles

  • Harold Washington Elementary School

    0.53 miles

  • Pirie Elementary School

    0.54 miles

  • McDade Classical Elementary School

    0.71 miles

  • Dixon Elementary School

    0.73 miles

  • Mary E McDowell Elementary School

    0.75 miles

  • Kenyatta's Day Care and Learning Center

    2.60 miles

  • DJ Brooks Child Development Center

    2.65 miles

  • Daycare

    2.78 miles

  • Shining Star Child Development

    2.80 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    2.92 miles

  • Mari's Bumble Bee Academy

    2.97 miles

  • Restoring the Seed Childcare

    3.47 miles

  • Me & You Learning Academy

    3.60 miles

  • UChicago Child Development Center - Drexel

    4.08 miles

  • Shining Star Child Development

    4.13 miles

Frequently Asked Questions

What is the total square footage of Cottage Grove Apartments?

Cottage Grove Apartments totals 6,400 square feet.

When was this property built?

Cottage Grove Apartments was built in 1965.

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Contact Listing Broker

broker

James Clough

Real Realty

(773) 551-1268