Chicago, IL 60619 7847 S Maryland Avenue

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Presented By: Coldwell Banker Realty
  • MLS# 12353393
  • 06/02/2025
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  • SQFT • 1,628

Home Details

Maximize this Mixed-Use Investment Opportunity! Property Highlights: Second Floor: A cozy 2-bedroom, 1-bath apartment, perfect for owner-occupancy or rental income. Main Retail Space: Currently leased as a beauty salon, this adaptable retail space is ready for your business vision. Whether you continue the beauty salon or reimagine the space for a retail shop, or office, the possibilities are endless. Additional Space: The rear of the first floor offers ample storage or can be leased as a private office, enhancing the cash flow of your business. Why Invest? Versatility: The mixed-use nature of the property allows for multiple revenue streams. Potential: With a little creativity and investment, you can make this rough gem a cash-producing asset. Affordability: This property offers a unique opportunity to invest in a versatile space at a competitive price point. Bring your entrepreneurial imagination and transform this property into your aspirational business and/or potential home. Don't miss out on this opportunity to create a thriving venture! Contact Listing Agent to schedule a viewing and take the first step towards your successful investment!
Presented By: Coldwell Banker Realty

General for 7847 S Maryland Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
DirectionsFrom the North, take Cottage Grove South to 76th street. East on 76th Street to Maryland. South on Maryland. From South, take Cottage Grove North to 79th Street. East on 79th Street. North on Mar
ElectricCircuit Breakers
Electric Expense1905
Fuel Expense1642
Gross Income19008
Insurance Expense1908
Lot Size Square Feet3125
MLS AreaCHI - Greater Grand Crossing
ModificationTimestamp2025-06-08T05:06:05.151Z
Net Operating Income5973
Number Of Units Total3
Operating Expense13035
PossessionClosing
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount1683
Tax Year2023
Trash Expense74
Water Sewer Expense902
Year Built1955
ZoningCOMMR

Exterior for 7847 S Maryland Avenue

Building Area Total1628
Lot Dimensions25X125

Additional Details

Price History

Client Care

Price $230,000
MLS#12353393
List Date 06/02/2025
Property Type Commercial
Phone 847.485.2500
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