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Storefront Retail Building
New
For Sale
$399,000

8533 S Cottage Grove Ave, Chicago, IL 60619

The property is expected to be vacant at closing and is located within a designated retail district.

Property Size3,990 SF
Price / SF$100
Days on Market2

Property Features for 8533 S Cottage Grove Ave

General Information

Standard status Active
Size 3,990 SF

Additional Details

Highway Access Yes

Building Details

Year Built 1959
Listing Agency: Century 21 Circle
Listed By: Mark Ahmad · License #471007186
Source: Liveliferealty
Added: Oct 1 Last Checked: Oct 1 at 12:00PM

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 3,990-square-foot retail building was constructed in 1959 and is expected to be delivered vacant at closing. It is a storefront property on S Cottage Grove Avenue in Chicago.

The site is within the 87th/Cottage Grove Avenue TIF District and Chatham’s Retail Thrive Zone. The surrounding area includes retailers, restaurants, professional services, and neighborhood businesses, with the 83rd–87th Street commercial corridor nearby. I-94, also known as the Dan Ryan Expressway, and the 87th Street Metra station provide connections to surrounding South Side communities.

Key Highlights

  • 3,990‑square‑foot retail building
  • Built in 1959
  • Expected to be vacant upon closing

Property Analytics

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Current Use

SHOE! TIME 87 Clothing & Fashion Store

Suggested Use

Top Pick Law Firm Skin Care Clinic HVAC Service Cafe & Coffee Shop Gym & Fitness Center Auto Repair Shop

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,063
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Apparel 39% Dining 5% Electronics 4%
Nike Factory Store Apparel
20,344 visits/mo 0.1 miles
PNC Bank Shops & Services
11,235 visits/mo 0.2 miles
Dollar Tree Shops & Services
10,475 visits/mo 0.1 miles
Dollar General Shops & Services
8,630 visits/mo 0.3 miles
Chase Bank Shops & Services
5,668 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Tetties Touchables — 9125 S Ellis Ave, Chicago, IL 60619, United States
  • Florist — 8531 S Dorchester 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 - The property is expected to be vacant at closing and is located within a designated retail district.
Where is this storefront property located?
The property is located at 8533 S Cottage Grove Ave Chicago, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,990‑square‑foot retail building; Built in 1959; Expected to be vacant upon closing
More about this property
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