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9-Unit Masonry Apartment Building
For Sale
$699,900

8923 S Cottage Grove Avenue, Chicago, IL 60619

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market93

Property Features for 8923 S Cottage Grove Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 17
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 5, Bedroom 16, Bathroom 5, Bedroom 17, Bedroom 9, Bedroom 2, Bathroom 1, Bedroom 11, Bedroom 14, Bathroom 6, Bathroom 2, Bedroom 12, Bedroom 10, Bedroom 4, Bathroom 3, Bedroom 1, Bathroom 9, Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 6, Bedroom 15, Bedroom 13, Bathroom 4, Bathroom 7, Bathroom 8
Directions South on Cottage Grove to building.
Subdivision CHI - Chatham
Standard status Active
APN 25021070010000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11035

Utilities

Cooling system Window Unit(s), Central Air

Amenities

coin-operated laundry

Building Details

Year built 1964
Floors in Building 3
Number of units 9
Building materials Brick
Roof type Composition
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Jamie Lemmons-Svoboda · License #475162394
Added: May 26 Changed: Aug 20 Last Checked: Aug 26 at 5:06AM
MLS# 12653957

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 9-unit, 3-story walk-up apartment building in Chicago was built in 1964 with brick construction and a composition roof. The unit mix includes eight 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Cooling is provided by window units and central air, and residents have access to coin-operated laundry facilities.

The property includes five on-site parking spaces at 8923 S Cottage Grove Avenue. Recent capital work includes replacement heating and hot water systems. Ownership currently pays for heat/gas, hot water gas, water/sewer, trash, and common electric service.

Key Highlights

  • 9‑unit apartment building with eight 2‑bedroom units and one 1‑bedroom unit
  • 3‑story walk‑up built in 1964
  • Brick construction with a composition roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Skin Care Clinic

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

9
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

745
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?
Apartment building - Three-story walk-up with on-site parking and coin-operated laundry.
Where is this apartment building located?
The property is located at 8923 S Cottage Grove Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 9‑unit apartment building with eight 2‑bedroom units and one 1‑bedroom unit; 3‑story walk‑up built in 1964; Brick construction with a composition roof
More about this property
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