Property for Sale: 7315 S Cottage Grove, Chicago, 60619 SOLD
$597,212
$597,212
7315 S Cottage Grove,
Chicago, 60619 SOLD
$597,212
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Selling Price: $597,212
Original List Price: $1,200,000
Sold at 49.8% of list price
Sold Date: 08/21/2020
Type Commercial
Year Built 1947
City Chicago
County Cook
MLS 10447247
Great opportunity to own a Retail/Multi-Family property with huge value-add potential. Existing N.O.I. of $24,042 is based on just 44% of total leasable area being occupied. Seller currently negotiating with Neighborhood Opportunity Fund Grant Recipient which will take occupancy over 62% and provide for 2021 N.O.I. of $206,653. The property contains 6 Retail Spaces, 10 Residential Apartments and a 3-story Warehouse. Current tenants include DaVita Renal Care and Home Childcare, LLC. In addition 10 of the 10 apartments are leased. This property is bank owned and being sold AS-IS.
Lot & Building Features
Tax Year 2019
Lot Dimensions 323X125 ft
Price History of 7315 Cottage Grove, Chicago,
| Date | Name | Price | Difference |
|---|---|---|---|
| 12/31/1969 | Listing Price | $597,212 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Kinzie Brokerage LLC, Steven Maher
Sold by Kinzie Brokerage LLC, Steven Maher
 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Kinzie Brokerage LLC |