Neighborhood Retail
New
For Sale
$399,000
8533 S Cottage Grove Avenue, Chicago, IL 60619
Commercial Sale, Chicago, IL
Property Size4,000 SF
Lot Size0.12 Acres
Price / SF$99.75
Days on Market4
Property Features for 8533 S Cottage Grove Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Directions
87th St. to Cottage Grove Ave. then north. 84th. St. then south on Cottage Grove Ave
Subdivision
CHI - Chatham
Standard status
Active
APN
20353090140000
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16026
Building Details
Year built
1959
Floors in Building
1
Number of units
1
Building materials
Concrete, Brick
Listing Agency:
Century 21 Circle · Coldwell Banker Real Estate
(773) 465-4200
Listed By:
Mark Ahmad · License #471007186
(312) 513-4490
Added: Sep 29
Changed: Oct 1
Last Checked: Oct 2 at 6:06AM
MLS# 12771398
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 4,000-square-foot retail storefront was built in 1959 and occupies a 0.124-acre site. The building is expected to be vacant at closing, and its zoning designation is COMMR.
The property sits on Cottage Grove Avenue, within the 87th/Cottage Grove Avenue TIF District and Chatham’s Retail Thrive Zone. The 83rd–87th Street commercial corridor is nearby, along with retail businesses, restaurants, professional services, and neighborhood businesses. Access to I-94/Dan Ryan Expressway and the 87th Street Metra station connects the site with surrounding South Side communities.
The property sits on Cottage Grove Avenue, within the 87th/Cottage Grove Avenue TIF District and Chatham’s Retail Thrive Zone. The 83rd–87th Street commercial corridor is nearby, along with retail businesses, restaurants, professional services, and neighborhood businesses. Access to I-94/Dan Ryan Expressway and the 87th Street Metra station connects the site with surrounding South Side communities.
Key Highlights
- 4,000‑square‑foot retail building on a 0.124‑acre site
- Vacant upon closing
- Built in 1959
Property Analytics
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Current Use
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Chicago, IL
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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 scheduled to be vacant at closing and carries COMMR zoning.
Where is this storefront property located?
The property is located at 8533 S Cottage Grove Avenue 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: 4,000‑square‑foot retail building on a 0.124‑acre site; Vacant upon closing; Built in 1959
