9200 S. Cottage Grove Ave
Chicago, IL 60619
$599,000
Price
7,275
Sq. Ft.
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Executive Summary

CRER (Chicago Real Estate Resources, Inc.) is proud to offer this 14-unit Mixed Use property located at 9200 S. Cottage Grove Ave, in Chicago’s Chatham neighborhood, just steps away from Chicago State University. The building consists of (5) retail units, (5) one-bedroom units, & (4) studio apartments. The retail space is 100% occupied with tenants offering essential neighborhood services. The residential apartments are all updated with newer windows, hardwood floors, and modern kitchens with granite countertops. Strong in-place cash flow can be improved further by increasing the below-market rate residential rents.

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Property Location

Chicago » 60619 » 9200 S. Cottage Grove Ave

Property Details

Status Active
Listing Type For Sale
Property Type Mixed Use
Building Size 7,275 Sq. Ft.
Price $599,000
Cap Rate 9.48%

Broker Contact

Steven Rapoport, CCIM

Mobile: (847) 863-2707

Office: (773) 327-9300

Email: StevenR@crer.com

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Shayne Dorazio

Shayne Dorazio

Mobile: (614) 745-4215

Office: (773) 327-9300

Email: ShayneD@crer.com

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