$479,999
8021-23 S Maryland Avenue
Chicago, IL, 60619
Presenting a beautifully updated, fully occupied 6-unit building, perfect for both investors and homeowners. The property features five 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with living rooms. Each unit has been tastefully renovated, with modern kitchens and baths, updated plumbing, and individual furnaces. Tenants are responsible for their own electricity, heating, and cooking gas, ensuring a strong cash flow and cap rate. The building also offers potential for additional income by installing a coin-operated laundry and an extra livable unit in the spacious basement. The exterior is well-maintained, featuring new windows and a full perimeter fence. While the 3-car detached garage requires some work, it provides excellent on-site parking opportunities. Sold “AS IS.” Please refer to the additional documents for the Financial Pro Forma.
Property Details
Price:
$479,999
MLS #:
MRD12131343
Status:
Active
Beds:
0
Baths:
0
Address:
8021-23 S Maryland Avenue
Type:
Commercial
Neighborhood:
CHI – Chatham
City:
Chicago
Listed Date:
Aug 26, 2024
State:
IL
ZIP:
60619
Year Built:
1926
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
HOA Includes
None
Tax Year
2023
Taxes
$2,879
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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8021-23 S Maryland Avenue
Chicago, IL
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