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$399,000 Just Listed
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Property Description
Vacant upon Closing. Prime Greater Chatham Neighborhood commercial opportunity approximately 4,000 Sq. ft. retail building in excellent condition with strong frontage, visibility, and street exposure. Strategically located along Cottage Grove Ave. within blocks of the established 83rd-87th St. commercial corridor, surrounded by retail, restaurants, professional services, and neighborhood businesses. Convenient access to I-94/Dan Ryan Expressway and the 87th St. Metra station, with strong connectivity to surrounding South Side communities. Located within 87th/Cottage Grove Ave., TIF District and Chatham's Retail Thrive Zone, offering a compelling location for retail, service, or community-oriented commercial use.
Full Property Details
Full Property Details for 8533 S Cottage Grove Ave
General
- Price: $399,000
- Taxes: $16,026 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12771398
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: 87th St. to Cottage Grove Ave. then north. 84th. St. then south on Cottage Grove Ave
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Concrete, Brick
- Exterior Const.: Concrete, Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 3,990
- Current Bldg. Use: Commercial, Medical/Dental
- Year Built: 1959
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 5,400
- Lot Dimensions: 5400
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1959
- Tax Amount: $16,026
- Tax Year: 2025
Disclosures and Reports
- Property ID: 20353090140000
Listed by Century 21 Circle
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Schools
Schools serving 8533 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 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 8533 S Cottage Grove Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,692
-6%
$29,833
-4%
2023
$8,159
3%
$31,215
—
2022
$7,892
2%
$31,215
—
2021
$7,773
82%
$31,215
97%
2020
$4,270
-42%
$15,841
-48%
2019
$7,395
1%
$30,483
—
2018
$7,297
14%
$30,483
22%
2017
$6,398
7%
$24,972
—
2016
$5,977
8%
$24,972
—
2015
$5,532
-8%
$24,972
-7%
2014
$6,022
2%
$26,802
—
2013
$5,903
2%
$26,802
—
2012
$5,762
—
$26,802
—
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 8533 S Cottage Grove Ave
8533 S Cottage Grove Avenue, Chicago, IL 60619 (MLS# 12771398) is a Commercial property. 8533 S Cottage Grove Avenue is currently listed for $399,000 and was received on September 29, 2026. Want to learn more about 8533 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.

