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9200 S Cottage Grove Ave
Chicago, IL 60619
Mixed-Use Asset Near Chicago State University · Multifamily Property For Sale · 9 Units

INVESTMENT HIGHLIGHTS

  • 9200 S Cottage Avenue is a 12,000 SF mixed-use asset in Chicago's Chatham Neighborhood with 14 units, 9 of which are residential.
  • Prime investment opportunity to acquire a mixed-use asset with strong in-place cash flow bolstered by university demand.
  • The residential units have all been updated with new windows, hardwood floors, modern kitchens, and granite countertops.
  • Ideally situated in a transit-oriented location just steps away from Chicago State University, a college with over 1,500 students enrolled.
  • Fantastic access to strong demographics with a ten-mile population of over 1.5 million, of whom nearly 50% rent as their primary housing.

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 12,000 SF
Average Occupancy 92%
No. Stories 2
Year Built 1928

UNIT AMENITIES

  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Freezer

PROPERTY TAXES

ZONING

Zoning Code B3-2 (Community Shopping District)
  • Listing ID: 26783281

  • Date on Market: 10/5/2022

  • Last Updated:

  • Address: 9200 S Cottage Grove Ave, Chicago, IL 60619