
Seller's Agent in 2022
Scott Siegel
Chicago Real Estate Authority
(773) 968-1110
1 in this area
60 Total Sales
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!
Last Agent to Sell the Property
Chicago Real Estate Authority License #471011328 Listed on: 08/23/2022
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
11/28/2022 11/28/22 | Sold | $244,900 | 0.0% | -- |
10/21/2022 10/21/22 | Pending | -- | -- | -- |
10/19/2022 10/19/22 | For Sale | $244,900 | 0.0% | -- |
10/03/2022 10/03/22 | Pending | -- | -- | -- |
08/23/2022 08/23/22 | For Sale | $244,900 | -- | -- |
Seller's Agent in 2022
Scott Siegel
Chicago Real Estate Authority
(773) 968-1110
1 in this area
60 Total Sales
Buyer's Agent in 2022
Elijah Reese
Serene Realty, Inc.
(312) 848-2947
4 in this area
160 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 11611326