Nine-Unit Multifamily Investment
8923 S Cottage Grove Avenue, Chicago, IL 60619
New
- Added:
- May 26, 2026
- Days on Market:
- 2
- Last Refresh:
- May 27 at 8:06 pm
Property Features for 8923 S Cottage Grove Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 17
- Bathrooms
- 9
- Rooms
- Bathroom 8, Bedroom 15, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 14, Bathroom 7, Bedroom 13, Bedroom 7, Bedroom 5, Bedroom 11, Bathroom 5, Bathroom 4, Bedroom 6, Bedroom 16, Bedroom 9, Bedroom 8, Bathroom 3, Bathroom 9, Bedroom 17, Bathroom 6, Bedroom 4, Bathroom 1, Bedroom 10, Bedroom 3, Bedroom 12
- Standard status
- Active
- APN
- 25021070010000
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 11035
Utilities
- Cooling system
- Central Air, Window Unit(s)
Building Details
- Year built
- 1964
- Floors in Building
- 3
- Number of units
- 9
- Building materials
- Brick
- Roof type
- Composition
Listing agent Jamie Lemmons-Svoboda License #475162394 (708) 798-1111
Listing office Keller Williams Preferred Rlty 16101 108th Avenue, Orland Park, IL (708) 798-1111
Listing date May 26, 2026
MLS# 12653957
Listing URL
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.
HighLights
- Strong income potential with a desirable unit mix of eight 2‑bedroom\/1‑bath units and one 1‑bedroom\/1‑bath unit.
- Recent capital improvements include a new heating system and hot water system, increasing long‑term value and efficiency.
- Well‑maintained 9‑unit masonry apartment building built in 1964.
- Five on‑site parking spaces for tenants.
- Convenient coin‑operated laundry for tenant use.
- Zoned RT‑4 (legal pre‑existing non‑conforming) offering added flexibility.
Overview
This well-maintained 9-unit masonry apartment building presents an exceptional investment opportunity. Constructed in 1964, this 3-story walk-up building features an attractive unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering strong rental appeal and income potential. The property includes five on-site parking spaces and convenient coin-operated laundry for tenant use. Zoned RT-4 (legal pre-existing non-conforming), the property provides added flexibility for investors. The property sits on a lot of approximately 0.17 acres. Ownership currently covers heat/gas, hot water gas, water/sewer, trash, and common electric expenses. Recent capital improvements include a new heating system and hot water system, adding long-term value and efficiency. This multifamily asset is located on Cottage Grove Avenue in Chicago, IL.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.604252
- Latitude
- 41.731936
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 9-unit building in Chicago with income potential.
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 $749,900.
What are key features of this property?
This property features: Strong income potential with a desirable unit mix of eight 2‑bedroom\/1‑bath units and one 1‑bedroom\/1‑bath unit.; Recent capital improvements include a new heating system and hot water system, increasing long‑term value and efficiency.; Well‑maintained 9‑unit masonry apartment building built in 1964.
