7318 S Cottage Grove Avenue Chicago, IL ^$ 300,000

7318 S Cottage Grove Avenue

^$ 300,000

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Recently Listed

7318 S Cottage Grove Avenue

Chicago, IL, 60619

^$ 300,000

Bedrooms-- Baths-- Sq 3,500

Monthly Estimate*

^$ 1,894

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Commercial Property for sale in Chicago, IL

for $300,000. This 3,500 square foot building was built in 1922 on a lot size of 0.28.

Own your building instead of renting it. Free-standing two-suite commercial property with private fenced parking lot on busy Cottage Grove Ave. Occupy the 1,500 SF suite - five private offices, reception, bath, separate entrance - and lease the adjoining 1,900 SF suite to supplement mortgage. Wrought iron fencing and on-site parking set this apart from storefront space in the area, and the private office layout is ready for professional, medical, insurance, tax or service-business use with minimal buildout. Excellent visibility and daily traffic. [SBA 504 financing may be available to qualified owner-occupants.] Creative Financing Strategies Available. Contact Listing Agent. Motivated seller. Sold as-is.

Commercial Active

Price

^$ 300,000

Property Type

Commercial

Taxes

^$ 20,815

Style

Office

Lot Size

0.28

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12744098

Features

General

Cooling Central Air

Possession Closing

Construction Materials Brick Concrete

Year Built 1922

Electric Circuit Breakers

Tenant Pays Common Area Maintenance Electricity Heat Taxes Repairs Scavenger Sewer Other

Stories Count 1

Township Hyde Park

Property Subtype Office

Tax Year 2024

Current Use Office

Gross Income 4000

Additional Parcels Description 20272230260000

County Cook

Net Operating Income 24000

Operating Expense 28000

Property Type Commercial Sale Office/Tech

Status New

Directions Cottage Grove to address. Property is on the west side of the street.

City Chicago

Number Of Units Total 2

MLS Area CHI - Greater Grand Crossing

Lot Size Square Feet 9600

Tax Annual Amount 20815.81

Additional Parcels Y/N Y

Leasable Area 0

Standard Status Active

Interior

Flooring Carpet

Exterior

Foundation Details Concrete Perimeter

Building Area Total 3500

Lot Dimensions 120X80

Lot Size Acres 0.28

Frontage Type City Street

* Excluded Features

List By

Coldwell Banker Realty

Broker

antoine.baker@cbrealty.com

Affordability Calculator

$3,629

Per Month

Monthly Principal & Interest: $1,894
Monthly Property Taxes: $1,735
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 6.49% 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 ^$968,514

Percent of Sale Price 223%

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
8/27/2026	$300,000		Listed Price

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7318 S Cottage Grove Avenue, Chicago, IL, 60619 is a Commercial Property for sale at $300,000 with 3,500 sqft and a lot size of 0.28. 7318 S Cottage Grove Avenue was built in 1922. 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 6.49% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 8/27/2026.

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7318 S Cottage Grove Avenue

Commercial Property for sale in Chicago, IL

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