Chicago, IL 60619 8624 S Maryland Avenue
$595,000



19 more



















Presented By: Keller Williams Preferred Rlty
Home Details
Exceptional investment opportunity! This well-maintained 6 unit multi-family property offers a total of 10 bedrooms and 6 bathrooms, making it ideal for both long term and short term rental strategies. Each unit features its own kitchen, living room, and dining area, offering comfortable, fully independent living spaces for tenants or guests. The property is equipped with a 24 hour security surveillance system for added peace of mind. Exterior amenities include six dedicated parking spaces for residents and guests. Two units are currently leased, providing immediate, stable income. Three units are operating as active Airbnb rentals, with one unit already secured for 160 rental days. One additional unfinished unit needing rennovations presents an opportunity for updates and added value.
Presented By: Keller Williams Preferred Rlty
Interior Features for 8624 S Maryland Avenue
Other Interior Features
BasementPartially Finished
Total Fireplaces
General for 8624 S Maryland Avenue
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseMulti-Family
Directions95TH ST TO MARYLAND AVE, NORTH TO PROPERTY
ElectricSeparate Meters
Electric Expense800
Fuel Expense400
Gross Income54000
Insurance Expense300
Lot Size Square Feet3150
MLS AreaCHI - Chatham
MaintenanceExpense40000
Net Operating Income15000
Number Of Units Total5
Operating Expense24000
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount4400
Tax Year2024
TownshipHyde Park
Trash Expense200
Water Sewer Expense300
Year Built1959
ZoningMULTI
Exterior for 8624 S Maryland Avenue
Building Area Total3952
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions25 x 125.4
Lot Size Acres0.07
Additional Details
Price History

SQFT • 3,952