8045 S Maryland Avenue
Chicago, IL, 60619
$499,000
Beds
0 Baths
6,600 SqFt
0.11 Acres
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$499,000
8045 S Maryland Avenue
Chicago, IL, 60619
MLS #MRD12132471 img 0MLS #MRD12132471 img 1MLS #MRD12132471 img 2MLS #MRD12132471 img 3MLS #MRD12132471 img 4MLS #MRD12132471 img 5MLS #MRD12132471 img 6MLS #MRD12132471 img 7MLS #MRD12132471 img 8MLS #MRD12132471 img 9MLS #MRD12132471 img 10MLS #MRD12132471 img 11MLS #MRD12132471 img 12MLS #MRD12132471 img 13
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

Net Operating Income
$47,867
Tax Year
2023
Taxes
$8,264
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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8045 S Maryland Avenue
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