8923 S Cottage Grove Ave | Chicago, IL 60619
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- LoopNet Team
8923 S Cottage Grove Ave
Chicago, IL 60619
Chatham Apartment Building · Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- 8 Large 2-bed/1-bath units (2 updated in 2018 & 3 updated in 2022)
- Owned by the same family for the last 17 years; time to retire.
- Off-Street Parking
- Below market rents while minimum capital needed to increase rents to market
PROPERTY FACTS
| No. Units | 9 | Building Size | 10,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | C | Parking Ratio | 0.56/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | RT-4 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 10,800 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1985 |
| Parking Ratio | 0.56/1,000 SF |
| Zoning | RT-4 |
AMENITIES
UNIT AMENITIES
- Microwave
- Ceiling Fans
- Eat-in Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Dining Room
- Island Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,013 | 900 |
PROPERTY TAXES
| Parcel Number | 25-02-106-044-0000 | Improvements Assessment | $34,050 |
| Land Assessment | $11,250 | Total Assessment | $45,300 |
PROPERTY TAXES
Parcel Number
25-02-106-044-0000
Land Assessment
$11,250
Improvements Assessment
$34,050
Total Assessment
$45,300
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