Chicago, IL 60619 7847 S Maryland Avenue
$189,000



14 more














Presented By: Laraine Hanson
Home Details
Perfectly positioned in a residential neighborhood, use as an apartment upstairs with a business below, or, transform the current commercial space in to residential. Flexible building perfect for investment or personal use. Current use is a condo rental upstairs, hair salon and office (with separate hallway entrance) on first floor. Renters are on a month-to-month, both are long time tenants. Salon pays their electric. Residential unit pays no utilities. Washer/dryer connection in building. Fenced backyard, perfect for entertaining or gardening, with decorative metal fencing at front of building on each side. Detached, oversized garage with extra storage/workshop, in need of cosmetic work. Electric service panel replaced 2025. Roof seal coat in 2018. Ample street parking. Deck 2 years old. Gas cooking in apartment. 1 heater for the building. 1 gas meter to building. Slab foundation, no basement. Salon has 3 plumbing outlets but only 1 is presently being used. Grant money available on this property call Rick S at BMO Mortgage for more details. This property IS located inside an Opportunity Zone, see attached picture.
Presented By: Laraine Hanson
Interior Features for 7847 S Maryland Avenue
Other Interior Features
FlooringTile, Wood
General for 7847 S Maryland Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air, Window Unit(s)
CountyCook
Current UseCommercial, Condominium
Directions79TH ST TO MARYLAND, N TO ADDRESS, MARYLAND E OF COTTAGE
ElectricCircuit Breakers
Electric Expense150
Fuel Expense200
Gross Income18708
Insurance Expense173
Lease TypeGross
Lot Size Square Feet3125
MLS AreaCHI - Greater Grand Crossing
Number Of Units Total3
PossessionClosing
Possible UseCommercial, Condominium
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount1567
Tax Year2024
Trash Expense0
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
Virtual TourClick here
Water Sewer Expense75
Year Built1955
ZoningCOMMR
Exterior for 7847 S Maryland Avenue
Building Area Total1628
Frontage TypeCity Street
Lot Dimensions25X125
Water SourceMunicipal Water
Additional Details
Price History

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