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0 Beds

$380,000

8807 S Cottage Grove Avenue, Chicago IL, 60619

Price per sqftN/A
Built in1964
Property typeMulti-family
Listed by Kurt Hudson with ABS Property Consulting 773-860-5544

Overview

Active

Listed Sep 1, 2026

Updated 9 days ago

INVESTOR OPPORTUNITY - 10-UNIT MULTIFAMILY | 88XX S. COTTAGE GROVE AVE., CHICAGO, IL Value-Add Multifamily Opportunity | 6 One-Bedrooms + 4 Two-Bedrooms Opportunity is knocking for investors looking to acquire a 10-unit multifamily property on Chicago's South Side. The building features an open-air, apartment-style layout consisting of six 1-bedroom/1-bath units and four 2-bedroom/1-bath units, providing a desirable mix for both workforce housing and long-term rental demand. The property currently has rents ranging approximately from $607 to $775 per month, creating a significant potential opportunity for an investor to evaluate the rental income against current market conditions. With comparable units potentially supporting rents in the $900-$1,100+ range, there may be meaningful rental upside and additional income potential through strategic leasing, unit improvements, and professional property management. THE INVESTOR ANGLE 10 total units 6 one-bedroom / 1-bath units 4 two-bedroom / 1-bath units Current rents approximately $607-$775 Potential market rent opportunity to evaluate: approximately $900-$1,100+ Significant value-add potential Opportunity to improve NOI and overall property value Ideal for investors seeking cash-flow improvement and long-term appreciation The opportunity is in the gap. An investor who can strategically manage the property, evaluate renovations, optimize rents, and control operating expenses may have the ability to unlock additional income and increase the property's overall investment value. Bring your numbers, your strategy, and your vision. This could be an excellent value-add addition to an investor's multifamily portfolio

$2,528/mo

Est. mortgage payment based on a $380,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12741172

Interior Features

Bedrooms
0
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$12,783
Tax Frequency
Annually
Maintenance Expense
$1,700
MLS provider logo

Listed by Kurt Hudson with ABS Property Consulting 773-860-5544

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Tamara OConnor Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 5:55 AM UTC on 10/1/2026. 

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