$499,000
8045 S Maryland Avenue
Chicago, IL, 60619
Presenting a beautifully updated 6-unit building in East Chatham, ideal for both investors and homeowners alike. Each unit has been tastefully renovated with modern kitchens and baths, featuring new electrical service and panels, updated plumbing, and individual furnaces. Tenants cover their own electricity, heating, and cooking gas. The building is 5 out of 6 units occupied, consisting of three (3) 2-bedroom/1-bath units and three (3) 3-bedroom/1-bath units, all offering living rooms. There’s potential for additional income by installing a coin-operated laundry in the spacious basement. The exterior is well-maintained with a full perimeter fence, new windows, a new porch, and extensive tuckpointing. The 4-car detached garage, which requires some work, offers excellent on-site parking opportunities. This property is preferred to be sold as part of a portfolio with another property located just 50 feet away. Sold “AS IS.” Please refer to additional documents for more information. Please select “Additional Information” for the Pro Forma. Four out of the 6 units are rented.
Property Details
Price:
$499,000
MLS #:
MRD12132471
Status:
Active
Beds:
0
Baths:
0
Address:
8045 S Maryland Avenue
Type:
Commercial
Neighborhood:
CHI – Chatham
City:
Chicago
Listed Date:
Aug 26, 2024
State:
IL
Finished Sq Ft:
6,600
Total Sq Ft:
6,600
ZIP:
60619
Lot Size:
4,965 sqft / 0.11 acres (approx)
Year Built:
1930
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$8,264
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
8045 S Maryland Avenue
Chicago, IL
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