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    OFF-MARKET
    Retail space

    7346 Cottage Grove Ave, Chicago, IL 60619

    11,250 SF Built 1923
    Property ID
    US28-2139473
    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 space
    Year built 1923
    Total area 11,250 SF
    APN 20-27-223-033-0000
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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