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Financial
Distress signals
Property profile

9112 S Cottage Grove Ave Chicago, IL 60619

FOR SALE
Motels
Property ID
US28-2733452
6,400 SF 0.42 ac lot Built 1971
Last sale Jun 2024 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-story motel built in 1971, configured with an exterior-corridor layout and containing 37 guest rooms with standard amenities. It sits on approximately 18,000 square feet of land and includes main-level parking to support guest access. Located in Chicago’s South Side Greater Grand Crossing community, it is near the Cottage Grove commercial corridor and approximately one mile from the Dan Ryan Expressway, with nearby public transportation including access to the Metra…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$92k
Tax billed · 2022
Assessed value$365k
Assessed land$41k
Assessed improvement$324k
Effective rate25.28%

Value estimate

· Oct 2026
$2.50M
$2.25M – $2.75M
AI approach$2.50M
NOI build-up
Gross scheduled income$213k
Vacancy & credit loss−$26k
Operating expenses−$99k
NOI · 3.72% cap applied$89k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$172/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$131 – $226

Cap rate analysis

How does the asset earn?
3.72%
$89k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.8
Realty agency18.0
Building Supply14.3

Location

9112 S Cottage Grove Ave Chicago, IL 60619
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 13 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7623 Cottage Grv, Chicago, IL 60619 $1,849,500 Dec 2020 No data
7615 Cottage Grv, Chicago, IL 60619-2516 $1,849,500 Dec 2020 900 SF
7613 Cottage Grv, Chicago, IL 60619 $1,849,500 Dec 2020 No data
7621 Cottage Grv, Chicago, IL 60619-2516 $1,849,500 Dec 2020 No data
7619 Cottage Grv, Chicago, IL 60619 $1,849,500 Dec 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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