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    4457 S Cottage Grove Ave Chicago, IL 60653

    Sponsored
    For Sale
    $599,000

    COMMERCIAL - Chicago, IL

    Type:Retail
    Lot size:
    0.19 Acres
    Days on Market:
    93
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 4457 S Cottage Grove Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    20023050060000
    Lot size
    0.19 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1926
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick

    Coldwell Banker Leader Realty (312) 513-4490 [email protected]

    Listing agent Mark Ahmad (773) 983-1553

    Listing date Oct 5, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Commercial Building For Sale

    Located in the Bronzeville/Hyde Park neighborhood of Chicago, this corner, free-standing building offers significant exposure, street presence, and visibility on Cottage Grove Avenue, between 43rd and 47th Streets, within the Bronzeville commercial and retail corridor. The property is situated amidst new construction projects and retailers, offering multiple use possibilities with convenient access. The surrounding area is densely populated, making it suitable for redevelopment or various business ventures, including restaurants. The location provides easy access to CTA train stations, major roads, and interstates. The lot size is 0.19 acres. The zoning is COMMR. The property is currently under a month-to-month lease, generating a rental income of $3,300 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golden Fish & Chicken Seafood Restaurant LibertyX Bitcoin ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Michi Florist

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6063698
    Latitude
    41.8133737

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    FAQs

    What type of property is this?
    Storefront property - Corner building in Bronzeville/Hyde Park with high visibility and redevelopment potential.
    Where is this storefront property located?
    The property is located at 4457 S Cottage Grove Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Corner, free-standing building with high visibility in Bronzeville's commercial corridor.; - Located in a densely populated area with new construction and retailers.; - Suitable for redevelopment or various business uses (restaurants, retail, etc.).
    (773) 983-1553
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    4457 S Cottage Grove Ave Chicago, IL 60653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4457 S Cottage Grove Ave Chicago, IL 60653
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