8112 South Cottage Grove Avenue
$550,000
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Description
Incredible investment opportunity in West Chatham! Well maintained building with opportunity to increase rents significantly with unit improvements. Building has 2 commercial units rented to a religous organization and tshirt retailer paying 1,050 and 1,300 respectively. 8 residential 1bed/ 1bath units above that are all on month-to-month leases paying rents of 675/ month on average. Recent tuckpointing project completed. Separetly metered gas and electric with 400 amp service to building. Water...Incredible investment opportunity in West Chatham! Well maintained building with opportunity to increase rents significantly with unit improvements. Building has 2 commercial units rented to a religous organization and tshirt retailer paying 1,050 and 1,300 respectively. 8 residential 1bed/ 1bath units above that are all on month-to-month leases paying rents of 675/ month on average. Recent tuckpointing project completed. Separetly metered gas and electric with 400 amp service to building. Water heater just 4 years old. Income producing basement serving as storage. Parking pad in rear of building not being monetized.
- Listed by Liam Moore • 33 Realty
Property Details for 8112 South Cottage Grove Avenue
Area
CHI - Chatham
TownshipHyde Park
LISTING UPDATED: 11/03/2024 12:06 AM
Property Details for 8112 South Cottage Grove Avenue
Status | Active |
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MLS # | 12184149 |
Days on Market | 102 |
Taxes | $13,534 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1928 |
Lot Size | 0.12 AC / 5,350 SF |
County | Cook County |
Building Information for 8112 South Cottage Grove Avenue
Stories3Residences10Year Built1928Lot Size0.12 AC / 5,350 SF
Property Information for 8112 South Cottage Grove Avenue
Property History for 8112 South Cottage Grove Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8112 South Cottage Grove Avenue
Taxable ValueLand$4,815Additions$47,037Total$51,852
Tax Record2022$13,109 ($1,092 / month)
Home Facts
Total Finished SqFt3,500 SqFtAbove Grade Finished SqFt3,500 SqFtStories1Lot Size5,350 SqFtStyleStoresYear Built1927CountyCOOKAPN20-34-223-023
Schools near 8112 South Cottage Grove Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Pirie Elementary Fine Arts & Academic C PublicPK to 6 | ||
Dixon Elementary School PublicPK to 8 | ||
Harlan Community Academy High School Public9 to 12 | ||
CICS Avalon CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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