This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,600,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
12 Unit Turnkey available on popular Cottage Grove in the Burnside neighborhood. This property just recently went through a large renovation to all units. The building features an excellent unit mix with 11 x 2 bedrooms and 1 x 1 bedroom. All units are currently rented and producing excellent cash flow. The property is located just blocks from the 87th and Cottage Grove shopping corridor, public transportation and Chicago State University. This is an armchair investment property with nothing further to do. Updated to the property include but are not limited to the following : new kitchens, updated bathrooms, refinished flooring, new appliances., new finish plumbing and electrical fixtures, new electrical panels in unit, newly built out laundry room, 4 newly remodeled common hallways, new central boiler with individual zone controls per unit. The units are all similar in layout and feature spacious layouts with a large living room, eat-in kitchen, and 2 bedrooms. The building also has 7 parking spaces in the back of the building.
Full Property Details
Full Property Details for 8917 S Cottage Grove Ave
General
- Sold For: $1,600,000
- Taxes: $10,380 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12495554
- Added to Site: 94 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: 87th to Cottage Grove south to building
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Building Heat, Hot Water, Radiators, Baseboard
Utilities
- Water: Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1964
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 12
- Units w/Range/Oven: 12
Lot Features
- Lot Size (Sq. Ft.): 9,952
- Lot Dimensions: 66 x 150
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $66,960
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1964
- Tax Amount: $10,380
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 25021060430000
Listed by Halsted Taylor Real Estate
Get Pre-Approved Today
Schools
Schools serving 8917 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 | 0.5 mi |
Harlan Community Academy High School 9652 South Michigan Avenue, Chicago, IL 60628 | 9-12 | 1.4 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 8917 S Cottage Grove Ave
Date
Details
Price
Change
Source
1/14/2026
Sold
$1,600,000
3.23%
MLS
10/14/2025
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8917 S Cottage Grove Avenue, Chicago, IL 60619 (MLS# 12495554) is a Commercial property that was sold at $1,600,000 on January 14, 2026. Want to learn more about 8917 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.


