Monarch Realty Partners is pleased to exclusively offer for purchase 8912-8920 S. Cottage Grove, a seven [7] unit mixed-use building including a parking lot located in the Burnside neighborhood of Chicago. The property provides a favorable unit mix consisting of two [2] 1BR/1BA, two [2] 2BR/1BA, two [2] 3BR/1.5BA apartments, & one commercial space. The commercial space is occupied by Worship Center International, a community church which has been a long term and stable tenant.
In 2014 the building was gut renovated and including 100% cooper plumbing and an 800 AMP electric service. Base building operations feature in-unit circuit breaker boxes as well as individual furnaces. Residents pay for their own cooking gas, heating gas, and electric bill. In the basement, there are two hot water tanks which service the entire building. The commercial space does have air conditioning - the residential units use window a/c units. The water main was replaced as well.
