8917 S Cottage Grove Avenue Chicago, IL $ 1,550,000
8917 S Cottage Grove Avenue
$ 1,550,000
Share Save

8917 S Cottage Grove Avenue

Chicago, IL, 60619
$ 1,550,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 9,670

8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 1
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 2
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 3
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 4
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 5
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 6
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 7
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 8
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 9
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 10
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 11
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 12
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 13
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 14
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 15
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 16
8917 S Cottage Grove Avenue, Chicago, IL 60619 - Image 17

Multi-Family Home for sale in Chicago, IL

for $1,550,000 with 3 bedrooms. This home was built in 1964 on a lot size of 0.228466.

12 Unit Turnkey available on popular Cottage Grove in the Burnside neighborhood. This property just recently went through a large renovation to all units. The building features an excellent unit mix with 11 x 2 bedrooms and 1 x 1 bedroom. All units are currently rented and producing excellent cash flow. The property is located just blocks from the 87th and Cottage Grove shopping corridor, public transportation and Chicago State University. This is an armchair investment property with nothing further to do. Updated to the property include but are not limited to the following : new kitchens, updated bathrooms, refinished flooring, new appliances., new finish plumbing and electrical fixtures, new electrical panels in unit, newly built out laundry room, 4 newly remodeled common hallways, new central boiler with individual zone controls per unit. The units are all similar in layout and feature spacious layouts with a large living room, eat-in kitchen, and 2 bedrooms. The building also has 7 parking spaces in the back of the building.

See more

Multi-Family Contingent

Price

$ 1,550,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 10,380

Style

Multi-Family

Lot Size

0.228466

Year Built

1964

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12495554

Features
General
Cooling None
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1964
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 3
Township Hyde Park
Tax Year 2023
Current Use Multi-Family
Gross Income 223188
County Cook
Net Operating Income 156228
Operating Expense 66960
Insurance Expense 12000
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 4200
Possible Use Multi-Family
Status Contingent
Directions 87th to Cottage Grove south to building
City Chicago
Number Of Units Total 12
MLS Area CHI - Chatham
Lot Size Square Feet 9952
Tax Annual Amount 10380
Electric Expense 1200
Fuel Expense 9000
Trash Expense 2400
Water Sewer Expense 4800
Additional Parcels Y/N N
Standard Status Active Under Contract
Cap Rate 10
See more
Interior
Basement None
See more
Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Lot Dimensions 66 X 150
Frontage Type City Street
See more
* Excluded Features
List By
Halsted Taylor Real Estate

Broker

anthonymanage@gmail.com

Email

Affordability Calculator

$10,535
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,670
Monthly Property Taxes
$865
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$1,550,000 Listed Price

Map


See all

8917 S Cottage Grove Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $1,550,000 with a lot size of 0.228466. 8917 S Cottage Grove Avenue has 3 bedrooms, 0.0 baths, and was built in 1964. The property's zip code is 60619 which is in Chicago, IL