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Alice Jennett
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(312) 264-1255
Direct Office:
(312) 642-1400
ajennett@
bhhschicago.com
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SOLD
$200,000
Date 08/14/2023

7643 S Cottage Grove Avenue
Chicago, IL 60619

Mixed Use, Business Opportunities
Residence
Courtesy: EXIT Strategy Realty

Description for 7643 S Cottage Grove Avenue Chicago, IL 60619

As is, whereis...Welcome to the best of both worlds! This property is the one that you have been waiting for right in the greater Chatham Area. 7643-45 is offering 8 residential units (all significantly below market rent) upstairs all with 1 bath, (6) studio, (1) 1br, and (1) 2br. Come in and add your finishes and updates to the residential spaces and raise the rent to maximize your profit! Retail spaces include a Restaurant and Lounge, which currently occupies 2 (of the 3) retail spaces. All units and retail are currently occupied. For Business and Commercial corridors the Community Reinvestment Act (CRA) has several different grants and other funding to assist Business Owners with revitalization right in this community. Some of the current eligible programs include TIF, Tax Credits and Opportunity Zone which can oftentimes be layered to help local businesses. Bring your offers and schedule your tour!

Property Details

11673463
Mixed Use, Business Opportunities, Other
Cook
1923
Brick
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Courtesy: EXIT Strategy Realty
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/17/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Member of: Berkshire Hathaway HomeServices Chicago, (312) 264-1255

Alice Jennett

1800 N. Clybourn 2nd Floor, Chicago, IL 60614 | Phone: (312) 642-1400 | Email: [email protected]

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