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4720 Cottage Grv Ave Chicago, IL 60615-1612
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Property profile & analytics

4720 Cottage Grv Ave Chicago, IL 60615-1612


  • Commercial real estate
Off-Market
Last Sale Oct 28, 2020
$9,746,000
Property ID
US28-4933441
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
$9,745,000
Show details
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Walmart House Cleaning Services / Hardware & Home Improvement
  • Ria Money Transfer - Walmart / Bank / Credit Union
  • KeyMe Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store
  • Walmart Pet Services / Kennel & Boarding Facility
  • Walmart Home Services / Social Service Agency

Property Details for 4720 Cottage Grv Ave

Property type
Commercial real estate
APN
20-10-206-037
APU
2010206037

Description

This exceptional retail and restaurant opportunity is located in the vibrant Bronzeville neighborhood of Chicago, at the heavily trafficked intersection of 47th Street and Cottage Grove Avenue. The Shops at Forty-Seven offers two available spaces within a 54,932 square foot building situated on a 1.3-acre lot. One space is a 2,634 square foot former Burger King, a second-generation restaurant space boasting substantial existing infrastructure, including black iron venting, ovens, fryers, and ample walk-in coolers and freezers – ideal for a quick-service restaurant or similar food operator. The second space is a 2,207 square foot inline restaurant space featuring black-iron ventilation. Both spaces benefit from excellent visibility and co-tenancy within this established shopping center. The property also offers convenient customer parking for 85 vehicles and 72 residential units above, ensuring a steady flow of potential customers. The property is zoned PD 1095 in Cook County, Illinois, and offers a unique opportunity to establish a thriving business in a culturally rich and densely populated area. This location provides easy access to major transportation routes and benefits from a strong local community. The building's size and layout offer flexibility for various retail and restaurant concepts. This is a rare chance to secure a well-positioned space in a thriving Chicago neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $11,330,000

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6074
Latitude
41.8088
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$98,458
$15,417
$400,695
$416,112
-
$61,668
$1,602,780
$1,664,448
More about this property
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