7346 Cottage Grove Ave Chicago, IL 60619
- Retail space
- 11,250 SF
Current Use by Public Records
- Retail space
Property Details for 7346 Cottage Grove Ave
- Year built
- 1923
- Property size
- 11,250 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 20-27-223-033-0000
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6058163
- Latitude
- 41.7607742