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Six-Storefront Retail Property
For Sale
Under Contract
$300,000

8237 - 8245 S Cottage Grove Avenue, Chicago, IL 60619

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.29 Acres
Days on Market154

Property Features for 8237 - 8245 S Cottage Grove Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions 83rd Street to Cottage Grove Ave turn North to the address.
Subdivision CHI - Chatham
Standard status Active Under Contract
APN 20351200120000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 42800

Building Details

Year built 1954
Floors in Building 1
Number of units 6
Building materials Brick
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Nha Le · License #475144705
Added: Mar 23 Changed: Aug 20 Last Checked: Aug 23 at 12:06AM
MLS# 12597834

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.

Built in 1954, this one-story brick commercial property contains six retail storefronts along Cottage Grove Avenue. Four storefronts have established tenants, while two are vacant, creating a combination of existing occupancy and available space. The property is being sold as-is and requires a new roof. Tenants pay all utilities except water.

The building offers 100 feet of frontage and rear parking for 12+ vehicles. The property is identified by four separate pin numbers and is zoned COMMR. Its six-suite storefront configuration, masonry construction, and mix of occupied and vacant spaces provide a clear framework for continued retail use.

Key Highlights

  • Six retail storefronts, including four occupied spaces and two vacancies
  • 100 feet of frontage along Cottage Grove Avenue
  • Rear parking for 12+ vehicles

Property Analytics

Current Use

ParkChicago #392606 Parking Lot & Garage

Suggested Use

Top Pick Law Firm Gym & Fitness Center Cafe & Coffee Shop Skin Care Clinic Kitchen & Bath Showroom HVAC 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,508
Businesses Nearby
68k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 46% Shops & Services 44% Dining 6% Electronics 4%
Nike Factory Store Apparel
20,344 visits/mo 0.3 miles
Dollar Tree Shops & Services
10,475 visits/mo 0.3 miles
Dollar General Shops & Services
8,630 visits/mo 0.1 miles
Chase Bank Shops & Services
5,668 visits/mo 0.5 miles
Foot Locker Apparel
3,261 visits/mo 0.5 miles

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 Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Similar Off Market Nearby

  • Florist 8531 S Dorchester Ave, Chicago, IL 60619
  • Flowers III 7838 S Cottage Grove Ave, Chicago, IL 60619
  • Majestic Florist 8145 S Cottage Grove Ave, Chicago, IL 60619

Frequently Asked Questions

What type of property is this?
Storefront property - One-story brick commercial building with occupied and vacant retail suites, rear parking, and commercial zoning.
Where is this storefront property located?
The property is located at 8237 - 8245 S Cottage Grove Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Six retail storefronts, including four occupied spaces and two vacancies; 100 feet of frontage along Cottage Grove Avenue; Rear parking for 12+ vehicles
More about this property
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