This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,925,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
MoHall Commercial proudly presents an unparalleled opportunity to own a piece of Chicago's storied Bronzeville neighborhood, an area undergoing a transformative renaissance. This is an extraordinary chance to purchase a historic landmark in the heart of Chicago's burgeoning Bronzeville neighborhood, an area at the forefront of urban revitalization and growth. Built in 1922 as the South Side Trust and Savings Bank, this iconic 20,171 square foot building showcases stunning Classical Revival architecture by renowned architect Albert A. Schwartz, featuring limestone facades, grand Corinthian columns, and intricate architectural details that make this a standout property for any visionary developer. The property's B1-1 zoning allows for a wide array of potential uses, including mixed-use development, retail, office space, or even a residential conversion. Situated on a highly visible corner lot, the building benefits from dual street frontage, offering exceptional exposure to both vehicle and foot traffic. The property is further enhanced by two adjacent parking lots, providing significant value for future commercial tenants or customers seeking convenience. The strategic location and flexibility of this property make it ideal for developers looking to capitalize on the ongoing transformation of Bronzeville. Bronzeville, historically significant and culturally rich, is undergoing a resurgence driven by major public and private investments, including the Bronzeville Lakefront megadevelopment just minutes away. This major project will bring an influx of new residential units, retail spaces, and life sciences facilities, cementing the area as a hub for innovation and growth. The property is also close to several cultural landmarks, including the DuSable Museum of African American History and the forthcoming Obama Presidential Center, ensuring that this location will continue to benefit from increasing foot traffic, tourism, and community investment. The area is home to thriving businesses, restaurants, and retail, and developers will appreciate its proximity to major transportation routes. The property is easily accessible via CTA bus routes, the Green Line station, and is a short drive from Lake Shore Drive, I-90/94, and I-55, making travel to and from downtown Chicago and the surrounding areas seamless. In addition, the proximity to the University of Chicago and the Medical District positions the property at the intersection of education, healthcare, and business, making it an attractive location for a wide range of potential tenants or buyers. For developers, this site offers limitless possibilities. Whether you envision creating a mixed-use hub, a luxury residential conversion, or a corporate office space, 4659 S Cottage Grove Ave stands ready for a transformative project that will add value to the already flourishing Bronzeville neighborhood. As the Bronzeville area continues to see heightened development and economic activity, the opportunity to own a historic, well-located property like this is truly rare. Take advantage of this opportunity to shape the future of Bronzeville. With its historic charm, prime location, and proximity to major investments and cultural landmarks, 4659 S Cottage Grove Avenue is poised for its next chapter.
Full Property Details
Full Property Details for 4659 S Cottage Grove Ave
General
- Sold For: $1,925,000
- Taxes: $89,440 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12273118
- Added to Site: 365 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Kenwood
- County: Cook
- Driving Directions: From Lake Shore Drive, east one mile to Cottage Grove to property
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 2
- Square Feet: 20,171
- Current Bldg. Use: Medical/Dental
- Year Built: 1922
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 35,850
- Lot Dimensions: 146 x 92
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1922
- Tax Amount: $89,440
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20023150060000
Listed by MoHall Commercial & Urban Development
Sold by Non Member
Get Pre-Approved Today
Schools
Schools serving 4659 S Cottage Grove Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Woodson South Elementary School 4414 South Evans Avenue, Chicago, IL 60653 | PK-3 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4659 S Cottage Grove Ave
Date
Details
Price
Change
Source
9/16/2025
Sold
$1,925,000
1.32%
MLS
1/17/2025
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4659 S Cottage Grove Avenue, Chicago, IL 60653 (MLS# 12273118) is a Commercial property that was sold at $1,925,000 on September 16, 2025. Want to learn more about 4659 S Cottage Grove Avenue? Do you have questions about finding other Commercial real estate for sale in Kenwood? You can browse all Kenwood real estate or contact a Coldwell Banker agent to request more information.

