Retail Storefront on Cottage Grove Near 85th St.

No longer available
8515 S. Cottage Grove Ave.
Chicago, IL
2,000 SF
Retail Storefront
  • Retail Storefront on Cottage Grove Near 85th St.

The Details

  • 2,000 SF single tenant storefront
  • Storefront leased to a natural foods and vitamin business through 2025
  • Current Annual Rent: $28,800    with $100 annual increases
  • NOI approximately $21K
  • Great opportunity for investor
  • Nearby businesses include Walgreens, Walmart, Home Depot, Lowe’s, Dollar Tree and more
  • Land Area: 2,250 SF
  • Zoning: B3-2
  • Part of 87th Cottage Grove TIF
  • Taxes: $8,228

A 2,000 square foot retail storefront on busy Cottage Grove Avenue is available for sale. The property is leased to a natural food and vitamin business with a lease that expires in 5 years. The business generates $28,800 per year in rent with $100 annual increases and has a strong NOI with a solid tenant. This property has great potential for an investor. Nearby businesses include national retailers such as Walgreens, Walmart, Home Depot, Lowe’s, Dollar Tree and more. 

Chatham is a middle class neighborhood on the south side of Chicago approximately 10 miles from the Loop. The neighborhood is one of the strongest retail areas outside of downtown Chicago.

Property Contacts

312-338-3012

Property Inquiry

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