7448 S Cottage Grove Avenue
Chicago, IL 60619
- 8 beds
- 4 baths
- – sqft
- 3,125 sqft lot
- 1920 build
- – on site
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7448 S. Cottage Grove, originally a 2-unit mixed-use property (Retail + residential up) was long ago converted to 100% residential use and is composed of 2 jumbo 4BR/2BA apartments that generate $30,336 in annual income, with an in-place cap rate of 9%. These apartments are BIG and this operator fully renovated the building several years ago shifting the utility burden to the tenants, which means very low operating expenses! Hungry? There's plenty of restaurant options along 75th St. & Cottage Grove. Need to get downtown? The CTA #4 Bus is right out front and the Metra Cottage Grove station is only a short walk. Need to get out of Dodge? The Chicago Skyway is just down the block. Considering early retirement? Leak & Sons funeral home is around the corner and a short hearse ride down Cottage! Please note: The asset is being sold as part of a larger 7 building 58-unit package. Please check under the Additional Information tab. PROPERTIES ARE AVAILABLE INDIVIDUALLY!
Listing courtesy of MRED / SRFG, Inc as distributed by MLS GRID
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Last updated Apr 20, 2024
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MLS# 11611326 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/28/22
Nov 28, 2022
|
Sold | MRED | $244,900 | |
10/22/22
Oct 22, 2022
|
Sold Subject To Contingencies | MRED | $244,900 | |
10/19/22
Oct 19, 2022
|
Listed / Active | MRED | $244,900 |