Chicago, IL 60619 8021-23 S Maryland Avenue
$479,999



10 more











Presented By: Coldwell Banker Realty
Home Details
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.
Presented By: Coldwell Banker Realty
Interior Features for 8021-23 S Maryland Avenue
Other Interior Features
BasementUnfinished
General for 8021-23 S Maryland Avenue
Additional Parcels Y/NNo
Association Fee IncludesNone
CityChicago
Construction MaterialsBrick
ContingencyFinancing
CoolingNone
CountyCook
Current UseMulti-Family
Directions83rd Street to Maryland, North to Address
ElectricCircuit Breakers, Separate Meters
Electric Expense355
Fuel Expense3716
Gross Income77544
Insurance Expense5249
MLS AreaCHI - Chatham
MaintenanceExpense2300
Net Operating Income51323
Number Of Units Total6
Operating Expense26221
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount2879
Tax Year2023
Tenant PaysElectricity, Other
TownshipHyde Park
Trash Expense1500
Water Sewer Expense2572
Year Built1926
ZoningMULTI
Exterior for 8021-23 S Maryland Avenue
Foundation DetailsBrick/Mortar
Lot Dimensions50X125
Additional Details
Price History
