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$299,000
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Property Description
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 being sold As-Is Where-Is .Building appraised for $362,000 in November 2024.
Full Property Details
Full Property Details for 8044 S Cottage Grove Ave
General
- Price: $299,000
- Taxes: $11,591 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12503766
- Updated: 4/1/2026
- Added to Site: 157 day(s) ago
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: From Dan Ryan Expressway -Head East from 79th Street -Head South on Cottage Grove to the property.
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Stories/Levels: 3
- # of Stores: 1
- Year Built: 1969
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,700
- Lot Dimensions: 73' x 87'
- Potential Use: Commercial, Multi-Family, Retail
Financial Considerations
- Assessment Year: 1969
- Tax Amount: $11,591.21
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20342150370000
Listed by Village Realty, Inc.
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Schools
Schools serving 8044 S Cottage Grove Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Dixon Elementary School, Chicago, IL 8306 South Saint Lawrence Avenue, Chicago, IL 60619 | 7-8 | 0.4 mi |
Pirie Elementary Fine Arts & Academic C 650 East 85th Street, Chicago, IL 60619 | K-6 | 0.5 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8044 S Cottage Grove Ave
Date
Details
Price
Change
Source
10/28/2025
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8044 S Cottage Grove Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,591
—
$66,800
51%
2023
$11,591
3%
$44,344
—
2022
$11,211
2%
$44,344
—
2021
$11,042
-47%
$44,344
-42%
2020
$20,668
11%
$76,679
—
2019
$18,601
1%
$76,679
—
2018
$18,354
-17%
$76,679
-11%
2017
$22,194
7%
$86,623
—
2016
$20,732
8%
$86,623
—
2015
$19,188
-1%
$86,623
—
2014
$19,464
2%
$86,623
—
2013
$19,077
2%
$86,623
—
2012
$18,621
—
$86,623
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8044 S Cottage Grove Ave
8044 S Cottage Grove Avenue, Chicago, IL 60619 (MLS# 12503766) is a Commercial property. 8044 S Cottage Grove Avenue is currently listed for $299,000 and was received on October 28, 2025. Want to learn more about 8044 S Cottage Grove Avenue? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

