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10-Unit Mixed-Use Property
For Sale
$275,000

8044 S Cottage Grove Ave, Chicago, IL 60619

Combination of residential apartments and street-level retail spaces, delivered vacant for complete renovation.

Property Size9,000 SF
Days on Market71

Property Features for 8044 S Cottage Grove Ave

General Information

Standard status Active
Size 9,000 SF
Property subtype Multifamily

Property Condition

Severity Major Repairs Needed
Evidence In Need of Complete Renovation

Units

Unit Mix 5 x 1BR/1BA, 2 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 8

Building Details

Building Size 9,000 SF
Year Built 1969
Tenancy Multi
Listed By: Noah Birk · License #ILLINOIS #475125864
Source: Kisergroup
Added: Jun 24 Changed: Aug 30 Last Checked: Aug 31 at 3:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Noah Birk

Investment Insights

Based on property information with market context.

Built in 1969, the property at 8044 S. Cottage Grove Ave in Chicago’s Chatham neighborhood combines residential and commercial space within one mixed-use asset. The residential component includes five 1Bd/1Ba apartments, two 2Bd/1Ba apartments, and one 3Bd/1Ba apartment. Two additional units are positioned as street-level retail spaces.

The entire property is currently 100% vacant and requires complete renovation. Its configuration provides eight apartments alongside two retail units, with the residential and commercial components clearly separated by use. The unit mix includes one-, two-, and three-bedroom apartments, while the ground-floor retail spaces add a commercial component to the building.

Key Highlights

  • 10 total units: 8 apartments and 2 street‑level retail spaces
  • Residential mix includes five 1Bd/1Ba, two 2Bd/1Ba, and one 3Bd/1Ba apartment
  • 100% vacant and in need of complete renovation

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Gym & Fitness Center Kitchen & Bath Showroom Skin Care Clinic Tech Support Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,266
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combination of residential apartments and street-level retail spaces, delivered vacant for complete renovation.
Where is this mixed-use property located?
The property is located at 8044 S Cottage Grove Ave Chicago, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 10 total units: 8 apartments and 2 street‑level retail spaces; Residential mix includes five 1Bd/1Ba, two 2Bd/1Ba, and one 3Bd/1Ba apartment; 100% vacant and in need of complete renovation
More about this property
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