8917 S Cottage Grove Avenue Chicago IL 60619 MLS #MRD12495554

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12 Unit Turnkey available on popular Cottage Grove in the Burnside neighborhood. This property just recently went through a large renovation to all units. The building features an excellent unit mix with 11 x 2 bedrooms and 1 x 1 bedroom. All units are currently rented and producing excellent cash flow. The property is located just blocks from the 87th and Cottage Grove shopping corridor, public transportation and Chicago State University. This is an armchair investment property with nothing further to do. Updated to the property include but are not limited to the following : new kitchens, updated bathrooms, refinished flooring, new appliances., new finish plumbing and electrical fixtures, new electrical panels in unit, newly built out laundry room, 4 newly remodeled common hallways, new central boiler with individual zone controls per unit. The units are all similar in layout and feature spacious layouts with a large living room, eat-in kitchen, and 2 bedrooms. The building also has 7 parking spaces in the back of the building.

Property Details

Price:
$1,550,000
MLS #:
MRD12495554
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
Oct 14, 2025
Year Built:
1964
Chi – ChathamChichatham

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$4,200
Net Operating Income
$156,228
Tax Year
2023
Taxes
$10,380

Listing Agent & Office

Anthony Golob
Halsted Taylor Real Estate

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