8044 S Cottage Grove Avenue Chicago, IL ^$ 299,000

8044 S Cottage Grove Avenue

^$ 299,000

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8044 S Cottage Grove Avenue

Chicago, IL, 60619

^$ 299,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 1,865

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 1

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 2

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 3

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 4

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 5

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 6

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 7

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 8

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 9

8044 S Cottage Grove Avenue, Chicago, IL 60619 - Image 10

Commercial Property for sale in Chicago, IL

for $299,000. This building was built in 1969 on a lot size of 0.245638.

Investors! This 3- story mixed use building located in Chicago's Chatham neighborhood needs a brand new look. The first floor has 1 retail space (8044 Cottage Grove) and 6 office spaces (8046 Cottage) and 8 residential apartments; 4 on the second and 4 on third floor (8048 Cottage Grove). A great opportunity for an investor to reposition the property for maximum value, by completing a full renovation and re-tenanting the units, which can significantly increase the property's value and cash flow. The ground-floor retail spaces offer flexible options, from securing a long-term commercial lease with a retail business to converting it into a service-based operation. Building appraised for $362,000 in November 2024.

Commercial Contingent

Price

^$ 299,000

Property Type

Commercial

Taxes

^$ 11,591

Style

Lot Size

0.245638

Year Built

1969

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12503766

Features

General

Cooling None

Possession Closing

Year Built 1969

Electric None

Stories Count 3

Tax Year 2023

Gross Income 0

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Contingency Attorney/Inspection

Possible Use Commercial Multi-Family Retail

Status Contingent

Directions From Dan Ryan Expressway -Head East from 79th Street -Head South on Cottage Grove to the property.

City Chicago

Number Of Units Total 15

MLS Area CHI - Chatham

Lot Size Square Feet 10700

Tax Annual Amount 11591.21

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active Under Contract

Exterior

Lot Dimensions 73' x 87'

* Excluded Features

List By

Village Realty, Inc.

Broker

cyntfulton@yahoo.com

Affordability Calculator

$2,831

Per Month

Monthly Principal & Interest: $1,865
Monthly Property Taxes: $966
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,030,376

Percent of Sale Price 245%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/28/2025	$299,000		Listed Price

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8044 S Cottage Grove Avenue, Chicago, IL, 60619 is a Commercial Property for sale at $299,000 with a lot size of 0.245638. 8044 S Cottage Grove Avenue was built in 1969. The property's zip code is 60619 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/10/2025.

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8044 S Cottage Grove Avenue

Commercial Property for sale in Chicago, IL

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