Property profile

7346 Cottage Grove Ave Chicago, IL 60619

OFF-MARKET
Retail properties & Spaces
Property ID
US28-2139473
11,250 SF Built 1923
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 11,250-square-foot storefront property, located at 7346 S Cottage Grove Ave, Chicago, IL 60619, presents a unique investment opportunity. The three-story building, constructed in 1923, sits on an 11,250-square-foot lot and is zoned B3-2. The property, currently in distressed condition and sold as-is, where-is, with a special warranty deed conveyance, offers significant redevelopment potential. Previously housing the historic Charles S. Jackson Funeral Home, the building boasts excellent visibility on a busy street with numerous other retail businesses. Ample parking is available with 40 spaces. The location provides easy access to public transportation, including the CTA #4 Cottage Grove bus route (directly on the route), the CTA #75 75th bus route (0.2 miles), the Metra Me 75th/Grand Crossing station (0.6 miles), and the I-90 Kennedy Expressway (0.2 miles). The asking price is $185,000. The Cook County APN is 20-27-223-033-0000. This is a rare chance to acquire a substantial retail space in a vibrant Chicago neighborhood. Significant rehabilitation is required.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1923
Total area 11,250 SF
UPID US28-2139473

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7346 Cottage Grove Ave Chicago, IL 60619
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7346 Cottage Grove Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message