9200 S Cottage Grove Ave | Chicago, IL 60619
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- LoopNet Team
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 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 12,000 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1928 |
| Zoning | B3-2 - Community Shopping District | ||
| 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 |
| Zoning | B3-2 - Community Shopping District |
AMENITIES
UNIT AMENITIES
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Freezer
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 25-03-411-030-0000 | Improvements Assessment | $45,229 |
| Land Assessment | $7,275 | Total Assessment | $52,504 |
PROPERTY TAXES
Parcel Number
25-03-411-030-0000
Land Assessment
$7,275
Improvements Assessment
$45,229
Total Assessment
$52,504
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