California-Style Motel with 34
For Sale
$2,200,000
7621 S Cottage Grove Avenue, Chicago, IL 60619
Business Opportunity, Chicago, IL
Property SizeContact for details
Lot Size0.31 Acres
Days on Market216
Property Features for 7621 S Cottage Grove Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Expressway-76th east-Cottage Grove Ave. south- address. Expressway-79th St.-Cottage Grove Ave. South -address
Subdivision
CHI - Greater Grand Crossing
Standard status
Active
APN
20263080040000
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
147222
Utilities
Cooling system
Central Air
Building Details
Floors in Building
3
Building materials
Brick, Concrete
Listing Agency:
Century 21 Circle · Coldwell Banker Real Estate
(773) 465-4200
Listed By:
Mark Ahmad · License #471007186
(312) 513-4490
Added: Jan 16
Changed: Aug 20
Last Checked: Aug 20 at 11:06AM
MLS# 12548055
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 3-story California-style exterior corridor motel includes 34 rooms and was built in 1974. The property features a separate restaurant building positioned at the front of the site, with main-level parking available on site. Central air cooling is provided, and the exterior is constructed with brick and concrete.
The motel is located in the well-established Chatham neighborhood on Chicago’s South Side. It sits on a 0.3074-acre lot with a total building area of 18,000 SF, and it is about 1 mile east of the Dan Ryan Expressway and roughly 3 miles from the Obama Presidential Library. The Greater Chatham Initiative places the property within the 87th Street Corridor Improvement Zone.
The property offers a non-franchise motel license. The City of Chicago does not issue new non-franchise motel licenses, and the property is described as eligible for facade improvements and full building renovation grants, including City support through Grants and TIF funding.
The motel is located in the well-established Chatham neighborhood on Chicago’s South Side. It sits on a 0.3074-acre lot with a total building area of 18,000 SF, and it is about 1 mile east of the Dan Ryan Expressway and roughly 3 miles from the Obama Presidential Library. The Greater Chatham Initiative places the property within the 87th Street Corridor Improvement Zone.
The property offers a non-franchise motel license. The City of Chicago does not issue new non-franchise motel licenses, and the property is described as eligible for facade improvements and full building renovation grants, including City support through Grants and TIF funding.
Key Highlights
- 34‑room, 3‑story California‑style exterior corridor motel
- Built in 1974 with brick and concrete construction
- Total land area of 0.3074 acres and 18,000 SF total building area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,163
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- The Woodlawn — 1200 E 79th St, Chicago, IL 60619
- Empire Motel — 7621 S Cottage Grove Ave, Chicago, IL 60619
- Barbara Ann's Motel — 7621 S Cottage Grove Ave, Chicago, IL 60619
- East of the Ryan — 914 E 79th St, Chicago, IL 60619
- Mommie-o — 8222 s calumet ave, chicago, il 60619
Frequently Asked Questions
What type of property is this?
Motel - California-style motel with 34 rooms and central air, plus a separate front-positioned restaurant building.
Where is this motel located?
The property is located at 7621 S Cottage Grove Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 34‑room, 3‑story California‑style exterior corridor motel; Built in 1974 with brick and concrete construction; Total land area of 0.3074 acres and 18,000 SF total building area
