Date
Details
Price
Change
Source
3/23/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Owner retired - motivated sale! Excellent investment or owner-user opportunity in Chicago's desirable Chatham business district. This one-story greystone and brick commercial property features six retail storefronts with strong visibility and 100 feet of frontage along busy Cottage Grove Avenue. The property is currently income-producing with four established tenants in place. Two stores are vacant. Tenants are responsible for all utilities except water. The rear of the property provides ample parking with 12+ spaces, a valuable amenity for both tenants and customers. There are 4 separate pin numbers. With some TLC and the right management from a savvy business owner, this property has the potential to generate substantial income. Sold "as is" condition. The building needs new roof!
Full Property Details
Full Property Details for 8237 - 8245 S Cottage Grove Ave
General
- Price: $599,000
- Taxes: $42,800 (2024)
- Status: Active
- Type: Store
- Source: MRED
- MLS ID: 12597834
- Updated: 3/29/2026
- Added to Site: 12 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Chatham
- County: Cook
- Township: Hyde Park
- Driving Directions: 83rd Street to Cottage Grove Ave turn North to the address.
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 6,300
- Current Bldg. Use: Commercial
- Year Built: 1954
Unit Information
- # Tenants: 6
Lot Features
- Lot Size (Sq. Ft.): 12,500
- Lot Dimensions: 100 x 125
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $8,000
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1954
- Tax Amount: $42,800
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 20351200120000
Listed by Century 21 Circle
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— 8237 - 8245 S Cottage Grove Ave —
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Schools
Schools serving 8237 - 8245 S Cottage Grove Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ashe Elementary School 8505 South Ingleside Avenue, Chicago, IL 60619 | PK-8 | 0.4 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 0.7 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 8237 - 8245 S Cottage Grove Ave
Tax History
Tax History for 8237 - 8245 S Cottage Grove Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,209
—
$41,501
32%
2023
$8,209
3%
$31,403
—
2022
$7,939
2%
$31,403
—
2021
$7,820
17%
$31,403
27%
2020
$6,691
11%
$24,823
—
2019
$6,022
1%
$24,823
—
2018
$5,942
50%
$24,823
60%
2017
$3,967
15%
$15,484
7%
2016
$3,454
-29%
$14,433
-34%
2015
$4,846
32%
$21,875
34%
2014
$3,667
2%
$16,318
—
2013
$3,594
2%
$16,318
—
2012
$3,508
—
$16,318
—
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 8237 - 8245 S Cottage Grove Ave
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed by Lisa Clemente (708) 268-8641
- Single Family
- Active
- Updated 12 hours ago
- 3Beds
- 1Total Bath
- 1,500Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,096Sq. Ft.
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8237 - 8245 S Cottage Grove Avenue, Chicago, IL 60619 (MLS# 12597834) is a Store property. 8237 - 8245 S Cottage Grove Avenue is currently listed for $599,000 and was received on March 23, 2026. Want to learn more about 8237 - 8245 S Cottage Grove Avenue? Do you have questions about finding other Store real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.