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Nine-Unit Masonry Walk-Up Building

8923 S Cottage Grove Avenue Chicago, IL 60619

Claim this Listing
For Sale
$725,000

MULTI_FAMILY - Chicago, IL

Lot size:
0.17 Acres
Added:
May 26, 2026
Days on Market:
48
Last Refresh:
Jul 12 at 1:06 am

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
Bedroom 5, Bedroom 9, Bedroom 1, Bathroom 5, Bathroom 3, Bedroom 4, Bedroom 16, Bedroom 3, Bathroom 8, Bedroom 2, Bathroom 7, Bedroom 13, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 7, Bedroom 12, Bedroom 17, Bathroom 9, Bathroom 1, Bathroom 6, Bedroom 11, Bedroom 10, Bedroom 14, Bedroom 15
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

Listing office Keller Williams Preferred Rlty 16101 108th Avenue, Orland Park, IL

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.


Investment Insights

Based on property information with market context.

This well-maintained 9-unit masonry apartment building was built in 1964 and is configured as a 3-story walk-up. The unit mix includes eight 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. On-site amenities include five parking spaces and a coin-operated laundry area for tenant use. The property is zoned MULTI, with RT-4 noted as a legal pre-existing non-conforming designation, which may offer additional flexibility for ownership.

The building is located at 8923 S Cottage Grove Avenue in Chicago, IL 60619. The listing notes that ownership covers heat/gas, hot water gas, water/sewer, trash, and common electric expenses, supporting an easier-to-manage operating structure. Recent capital improvements include a new heating system and a new hot water system.

For investors and owner-operators seeking a straightforward residential income property, the combination of a balanced unit mix, in-building laundry, and limited on-site parking supports day-to-day tenant needs. With several key utilities covered by the owner and recent mechanical updates already completed, the property presents a practical option for those evaluating multifamily ownership in Chicago. Commercial lending approval or proof of funds is required prior to all showings.

Key Highlights

  • Well‑maintained 9‑unit masonry apartment building built in 1964 with a 3‑story walk‑up layout
  • Unit mix: eight 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit
  • Coin‑operated laundry for tenant use and 5 on‑site parking spaces

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Skin Care Clinic Kitchen & Bath Showroom Tech Support Center Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained 9-unit multifamily with on-site parking, coin laundry, and unit mix suited to consistent rental demand.
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 $725,000.
What are key features of this property?
This property features: Well‑maintained 9‑unit masonry apartment building built in 1964 with a 3‑story walk‑up layout; Unit mix: eight 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit; Coin‑operated laundry for tenant use and 5 on‑site parking spaces
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