Chicago, IL 60619 8045 S Maryland Avenue
$479,999



10 more











Presented By: Coldwell Banker Realty
Home Details
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.
Presented By: Coldwell Banker Realty
General for 8045 S Maryland Avenue
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingNone
CountyCook
Current UseMulti-Family
DirectionsI-94 to 79th Street, E to Cottage Grove, S to 81st St, E to Maryland, left to Property.
ElectricCircuit Breakers, Separate Meters
Electric Expense393
Fuel Expense1441
Gross Income75600
Insurance Expense4935
Lot Size Square Feet4965
MLS AreaCHI - Chatham
Maintenance Expense
ModificationTimestamp2025-03-12T15:38:02.611Z
Net Operating Income47867
Number Of Units Total6
Operating Expense27733
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount8264
Tax Year2023
Tenant PaysElectricity, Heat
TownshipHyde Park
Trash Expense1500
Water Sewer Expense2900
Year Built1930
ZoningMULTI
Exterior for 8045 S Maryland Avenue
Building Area Total6600
Frontage TypeCity Street
Lot Dimensions4, 965 SQ. FT
Lot Size Acres0.11
Additional Details
Price History
