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9112 S Cottage Grove Avenue Chicago, IL 60619

$2,450,000
Active / MLS# 12571884 / Commercial - Investment / Chicago
0 Beds
11848 SqFt

Located in the Greater Grand Crossing community on Chicago's South Side, just south of Woodlawn and near the Cottage Grove commercial corridor, this 2-Star, 37-room motel exterior corridor was built in 1971 offering 12,000 building Sq. ft. with about 18,000 Sq. ft. of land. The 2-Story motel property offers standard amenities and convenient main-level parking. About 3-miles south of the Obama Presidential Library site near 63rd & Stony Island, the property benefits from ongoing South Side revitalization and corridor reinvestment. The surrounding area features active commercial redevelopment, strong traffic counts, walkable neighborhood retail and services. About 1-mile proximity to the Dan Ryan Expressway with Public transportation includes access to the Metra Electric Line,91st St. station and CTA bus routes providing connections to downtown Chicago and surrounding neighborhoods. Zoned B3-2 Commercial, allowing a wide range of retail, warehouse, mixed-use, and residential-above-retail uses, presenting flexibility for repositioning or redevelopment. The area also qualifies for City of Chicago and local grant initiatives supporting business and property improvements.

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Baird & Warner Nicole Boston Agent Cell: 847.878.0235 Email

Property Details

Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 0.42 Acres
Stories: 2.0

Feature Descriptions

Current Use: Commercial
Electric: Service - 201 to 600 Amps
Exterior: Concrete
Frontage Type: City Street
HVAC: Forced Air, Gas
Location: Central Business District, Mixed Use Area, Public Transport Avail, In City Limits, High Traffic Area
Lot Dimensions: 145x125
Parcel#: 25034030390000
Parking: 31-50 Spaces
Potential Use: Commercial, Conditional Use, Condominium, Retail

Location

See details and scored characteristics about this location.

Listing Office: Century 21 Circle

Listing Office Phone: 773-465-4200



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