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Nine-Unit Multifamily Investment Opportunity

8923 S Cottage Grove Avenue, Chicago, IL 60619

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For Sale

$749,900

MULTI_FAMILY - Chicago, IL

Lot size:

0.17 Acres

HighLights

9‑unit masonry apartment building built in 1964 (3‑story walk‑up) on Cottage Grove Avenue
Unit mix: eight 2 bed, 1 bath units and one 1 bed, 1 bath unit
Income‑supporting amenities include coin‑operated laundry for tenant use and five on‑site parking spaces
Zoned RT‑4 (legal pre‑existing non‑conforming)
Recent capital improvements: new heating system and hot water system
Owner pays heat/gas, hot water (gas), water/sewer, trash, and common electric

We can help!

Contact an agent

Jamie Lemmons-Svoboda

For Sale

$749,900

MULTI_FAMILY - Chicago, IL

Lot size:

0.17 Acres

Added:: May 26, 2026
Days on Market:: 44
Last Refresh:: Jul 8 at 3:06 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 11, Bedroom 13, Bedroom 10, Bedroom 12, Bedroom 16, Bedroom 8, Bedroom 9, Bedroom 14, Bathroom 3, Bedroom 17, Bathroom 4, Bathroom 6, Bathroom 1, Bedroom 5, Bathroom 5, Bedroom 2, Bedroom 1, Bathroom 7, Bedroom 6, Bedroom 15, Bathroom 9, Bathroom 2, Bathroom 8, Bedroom 7, Bedroom 4, Bedroom 3
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

Building Details

Year built: 1964
Floors in Building: 3
Number of units: 9
Building materials: Brick
Roof type: Composition

We can help!

Contact an agent

Jamie Lemmons-Svoboda

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

HighLights

9‑unit masonry apartment building built in 1964 (3‑story walk‑up) on Cottage Grove Avenue
Unit mix: eight 2 bed, 1 bath units and one 1 bed, 1 bath unit
Income‑supporting amenities include coin‑operated laundry for tenant use and five on‑site parking spaces
Zoned RT‑4 (legal pre‑existing non‑conforming)
Recent capital improvements: new heating system and hot water system
Owner pays heat/gas, hot water (gas), water/sewer, trash, and common electric

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

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Apartment buildings

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.604252
Latitude: 41.731936

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For sale
Apartment buildings
IL
Chicago
60619
8923 S Cottage Grove Avenue

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: 9‑unit masonry apartment building built in 1964 (3‑story walk‑up) on Cottage Grove Avenue; Unit mix: eight 2 bed, 1 bath units and one 1 bed, 1 bath unit; Income‑supporting amenities include coin‑operated laundry for tenant use and five on‑site parking spaces

8923 S Cottage Grove Avenue, Chicago, IL 60619

MULTI_FAMILY - Chicago, IL

Property Features for 8923 S Cottage Grove Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Chicago Industrial Flex Warehouse

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Convenience Store Retail Building with Parking

Chicago Commercial Buildings For Sale

Fulton River District Commercial Loft

Wicker Park Corner Retail Building

Corner Retail Suite in New Elevator Building

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