8044 S Cottage Grove Ave, Chicago, IL 60619 For Sale

8044 S. Cottage Grove presents a rare mixed-use investment opportunity in the heart of Chicago's Chatham neighborhood. The property consists of 10 total units, including five (5) 1Bd/1Ba apartments, two (2) 2Bd/1Ba apartments, one (1) 3Bd/1Ba apartment, and two (2) street-level retail spaces, offering investors a diversified income stream from both residential and commercial tenancy.

Positioned along the highly trafficked Cottage Grove Avenue corridor, the asset benefits from strong visibility, convenient access to public transportation, and proximity to neighborhood shopping, dining, and employment centers. The property is currently in need of a substantial renovation, presenting a compelling value-add opportunity for investors seeking to reposition the asset and unlock its full income potential. With a mix of residential and retail space, 8044 S. Cottage Grove offers the ability to create significant value through a comprehensive renovation program, updated leasing strategy, and operational improvements, making it an attractive opportunity for investors focused on long-term appreciation and strong cash flow growth.