One-Story Retail Building with Multiple
New
For Sale
$300,000
8237 - 8245 S Cottage Grove Avenue, Chicago, IL 60619
One-story retail building with six storefronts, 100 feet of frontage on Cottage Grove Avenue, and 12+ parking spaces at the rear.
Days on Market4
Property Features for 8237 - 8245 S Cottage Grove Avenue
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Frontage
100 ft
Building Details
Building Size
6,300 SF
Year Built
1954
Buildings
1
Stories
1
Construction
greystone and brick
Tenancy
Multi
Listing Agency:
Century 21 Circle
(773) 465-4200
Listed By:
Nha Le · License #475144705
(773) 465-4200
Source:
Perillorealestategroup
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 1:19PM
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 Century 21 Circle
Investment Insights
Based on property information with market context.
This one-story greystone and brick retail building was built in 1954 and offers six retail storefronts. The property is income-producing with four established tenants currently in place, while two storefronts are vacant. Tenants are responsible for all utilities except water. The owner retired and the property is sold as-is.
The building has 100 feet of frontage along Cottage Grove Avenue and is located in Chicago’s Chatham business district. There are four separate pin numbers. The rear of the property provides parking for 12+ spaces, supporting both tenant access and customer convenience.
The building needs a new roof, providing an opportunity for an owner-user or investor to address exterior improvements and align leasing for the vacant storefronts.
The building has 100 feet of frontage along Cottage Grove Avenue and is located in Chicago’s Chatham business district. There are four separate pin numbers. The rear of the property provides parking for 12+ spaces, supporting both tenant access and customer convenience.
The building needs a new roof, providing an opportunity for an owner-user or investor to address exterior improvements and align leasing for the vacant storefronts.
Key Highlights
- Six retail storefronts with four established tenants and two vacant units
- 100 feet of frontage on Cottage Grove Avenue
- Tenants responsible for all utilities except water
Property Analytics
Current Use
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
Explore this area
Business Placement
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
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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 retail building with six storefronts, 100 feet of frontage on Cottage Grove Avenue, and 12+ parking spaces at the rear.
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 with four established tenants and two vacant units; 100 feet of frontage on Cottage Grove Avenue; Tenants responsible for all utilities except water
