$230,000
7847 S Maryland Avenue
Chicago, IL, 60619
Maximize this Mixed-Use Investment Opportunity! Property Highlights: Second Floor: A cozy 2-bedroom, 1-bath apartment, perfect for owner-occupancy or rental income. Main Retail Space: Currently leased as a beauty salon, this adaptable retail space is ready for your business vision. Whether you continue the beauty salon or reimagine the space for a retail shop, or office, the possibilities are endless. Additional Space: The rear of the first floor offers ample storage or can be leased as a private office, enhancing the cash flow of your business. Why Invest? Versatility: The mixed-use nature of the property allows for multiple revenue streams. Potential: With a little creativity and investment, you can make this rough gem a cash-producing asset. Affordability: This property offers a unique opportunity to invest in a versatile space at a competitive price point. Bring your entrepreneurial imagination and transform this property into your aspirational business and/or potential home. Don’t miss out on this opportunity to create a thriving venture! Contact Listing Agent to schedule a viewing and take the first step towards your successful investment!
Property Details
Price:
$230,000
MLS #:
MRD12353393
Status:
Active
Beds:
0
Baths:
0
Address:
7847 S Maryland Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Greater Grand Crossing
City:
Chicago
Listed Date:
Jun 2, 2025
State:
IL
Finished Sq Ft:
1,628
Total Sq Ft:
1,628
ZIP:
60619
Year Built:
1955
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$1,683
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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7847 S Maryland Avenue
Chicago, IL
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