8917 S Cottage Grove Ave

$1,550,000
Price
23
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

12 Unit Turnkey available on popular Cottage Grove in the Burnside neighborhood. This property just recently went through a large renovation to all units. The building features an excellent unit mix with 11 x 2 bedrooms and 1 x 1 bedroom. All units are currently rented and producing excellent cash flow. The property is located just blocks from the 87th and Cottage Grove shopping corridor, public transportation and Chicago State University. This is an armchair investment property with nothing further...12 Unit Turnkey available on popular Cottage Grove in the Burnside neighborhood. This property just recently went through a large renovation to all units. The building features an excellent unit mix with 11 x 2 bedrooms and 1 x 1 bedroom. All units are currently rented and producing excellent cash flow. The property is located just blocks from the 87th and Cottage Grove shopping corridor, public transportation and Chicago State University. This is an armchair investment property with nothing further to do. Updated to the property include but are not limited to the following : new kitchens, updated bathrooms, refinished flooring, new appliances., new finish plumbing and electrical fixtures, new electrical panels in unit, newly built out laundry room, 4 newly remodeled common hallways, new central boiler with individual zone controls per unit. The units are all similar in layout and feature spacious layouts with a large living room, eat-in kitchen, and 2 bedrooms. The building also has 7 parking spaces in the back of the building.
  1. Listed by Anthony Golob • Halsted Taylor Real Estate
    P: (708)-351-3246 C: (708)-351-3246 anthonymanage@gmail.com

Property Details for 8917 South Cottage Grove Avenue

Area
CHI - Chatham
Township
Hyde Park
Air Conditioning Type
None
Zoning
MULTI
LISTING UPDATED: 11/21/2025 02:01 AM

Property Details for 8917 South Cottage Grove Avenue

StatusContingent
MLS #12495554
Days on Market39
Taxes$10,380 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1964
Lot Size0.23 AC / 9,952 SF
CountyCook County

Location

Listing Courtesy of Halsted Taylor Real Estate
Add your commute

Building Information for 8917 South Cottage Grove Avenue

Stories3Residences12Year Built1964Building Size-Lot Size0.23 AC / 9,952 SF

Payment Calculator

$8,524 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,659

Property Taxes

$865

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8917 South Cottage Grove Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: None
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat,Hot Water,Radiators,Baseboard
  • # Of Window/Ac: 12
  • # Of Refrigerators: 12
  • Num of Baths: 12.0
Exterior Features
  • Misc Outside: Security Gate,Security Lighting,Security System,Storms and Screens (as exist)
Utilities / Equipment
  • Water: Municipal Water
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Size Source: Other
  • Lot Dimensions: 66 X 150
  • Lot Size Square Feet: 9952.0
  • Stories: 3
  • Construction: Brick
  • Fire Protection: Fire Extinguisher/s
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 12
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 17
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks,Cable Ready
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
Income & Expenses
  • Electric Expense: $1,200.00
  • Fuel Expense: $9,000.00
  • Gross Income: $223,188.00
  • Gross Scheduled Income: $106,200.00
  • Insurance Expense: $12,000.00
  • Maintenance Expense: $4,200.00
  • Manager Expense: $11,172.00
  • Electric Expense Source: Broker Projection
  • Known Encumbrances: None Known
  • Expense Year: 2025
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 2400
  • Manager Expense Source: BP
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 18599
  • Water Expense Source: Broker Projection
  • Net Operating Income: $156,228.00
  • Operating Expense: $66,960.00
  • Other Expense: $9,408.00
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $4,800.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 11
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 8917 South Cottage Grove Avenue

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Contingent

MRED #12495554

Oct 14, 2025

Listed (Active)

MRED #12495554

$1,550,000
Feb 28, 2017

Sold

MRED #09320122

$470,000
Feb 23, 2017

Sold (Public Record)

Public Record #590434403

$470,000
Oct 5, 2016

Pending

MRED #09320122

Aug 19, 2016

Listed (Active)

MRED #09320122

$599,900
DateEvent & SourcePrice
11/19/2025

Contingent

MRED #12495554

10/14/2025

Listed (Active)

MRED #12495554

$1,550,000
02/28/2017

Sold

MRED #09320122

$470,000
02/23/2017

Sold (Public Record)

Public Record #590434403

$470,000
10/05/2016

Pending

MRED #09320122

08/19/2016

Listed (Active)

MRED #09320122

$599,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8917 South Cottage Grove Avenue

Taxable ValueLand$8,964Additions$30,783Total$39,747
Tax Record2023$10,390 ($866 / month)
Home Facts
Stories2Lot Size9,961 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyCOOKAPN25-02-106-043

Schools near 8917 South Cottage Grove Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Public - PK to 8
Rating
School
Distance
Ashe Elementary School
PublicPK to 8

Harlan Community Academy High School
Public9 to 12

Burnside Elementary Scholastic Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Halsted Taylor Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/21/2025 02:01 AM. 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.