Active

8237 - 8245 Cottage Grove Avenue

Chicago, IL 60619
$549,000 ▼ $50,000 from $599,000
0beds
0baths
sqft
Ask Dwello about this home
Anything from "is it priced right?" to "what's the catch?"

About this home

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!
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1954
Lot size
Annual tax$42,800
CountyCook
MLS #MRD12597834
Days on market25

Features

Cooling
None
Construction
Brick
Listed by
Century 21 Circle
Nha Le

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/16/2026, 5:06:10 AM. All data should be independently verified.

You + your agent

What do you think?

React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.

Loading…