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$310,000
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Property Description
Built in 2008 with newer construction containing 4,000 sq ft retail/office space facility for sale, located in the thriving Chatham neighborhood. This building sits on a 8,175 sq lot and features a reception area, 9 exam rooms, 4 private offices, a conference room, three bathrooms, a kitchenette area and recent newer reception area. The zoning for this facility is B3-2, which allows for medical office or retail. With a daily traffic count of 9,350 cars per day, your business will be located on a visible and busy commercial corridor. This facility is a blank canvas for all of your business needs, that is located in an Eligible Commercial Corridor and eligible for Neighborhood Opportunity Fund Grant Assistance. The facility comes with 9 parking space, but additional spaces can be requested from neighbor church. Currently rented to a medical practice and pharmacy but ideal for owner occupied, other medical practice or retail operation. The tenants are month to month basis.
Full Property Details
Full Property Details for 8419 S Cottage Grove Ave
General
- Sold For: $310,000
- Taxes: $17,494 (2020)
- Status: Closed
- Type: Commercial Institutional
- Source: MRED
- MLS ID: 11440914
- Added to Site: 1, 341 day(s) ago
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Parking
- Total Spaces: 9
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: S Drexel Ave to S Cottage Grove Ave, turn right.
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane, Rubber
- Ceiling Height: 8
- Sub-Flooring: Tile
- Stories/Levels: 1
- Square Feet: 4,000
- Year Built: 2008
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 4,000
- Lot Dimensions: 45 x 181
- Frontage: Frontage Road
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 2008
- Tax Amount: $17,494
- Tax Year: 2020
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Documents Avail.: Appraisal
- Property ID: 20353040510000
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Schools
Schools serving 8419 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 | 0.2 mi |
Harlan Community Academy High School 9652 South Michigan Avenue, Chicago, IL 60628 | 9-12 | 1.9 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 8419 S Cottage Grove Ave
Date
Details
Price
Change
Source
12/29/2022
Sold
$310,000
-22.5%
MLS
6/20/2022
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8419 S Cottage Grove Avenue, Chicago, IL 60619 (MLS# 11440914) is a Commercial Institutional property that was sold at $310,000 on December 29, 2022. This property was listed by Haque Group from our Oak Brook Office.Want to learn more about 8419 S Cottage Grove Avenue? Do you have questions about finding other Commercial Institutional real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.


