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About This Home
This 17-bedroom, 9-bathroom residential multi family at 8923 S Cottage Grove Avenue in Chicago, IL is listed for $749,900. Built in 1964, on a 0.17 acres lot.
Exceptional investment opportunity on Cottage Grove Avenue! This well-maintained 9-unit masonry apartment building, built in 1964, is a 3-story walk-up offering approximately. The property features an attractive unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing strong rental appeal and income potential.
Additional amenities include five on-site parking spaces and convenient coin-operated laundry for tenant use. Zoned RT-4 (legal pre-existing non-conforming), the property offers added flexibility for investors. Ownership currently covers heat/gas, hot water gas, water/sewer, trash, and common electric expenses.
Recent capital improvements include a new heating system and hot water system, adding long-term value and efficiency. A prime opportunity to own a solid multifamily asset in a desirable location! Commerical lending approval or POF prior to all showings are required.
Key Features
- Built in 1964
- 0.17 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$4,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8923 S Cottage Grove Avenue
Chicago, IL 60619
Property Details
Construction
Cooling
Questions & Answers
This 17-bedroom, 9-bathroom residential multi family at 8923 S Cottage Grove Avenue is listed at $749,900. The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.
Key features include: Built in 1964, 0.17 acre lot, 3 stories.
This property is listed by Jamie Lemmons-Svoboda and can be reached at (708) 798-1111 or jamielemmons@kw.com.
