Open House Sun, Sep 27th 01:00 PM - 02:00 PM - Price Reduction
Address
8038 S Maryland Avenue, Chicago, IL
Price
$ 379,900
Property Attributes
  • MLS#12747083
  • TypeMulti-Family
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - Chatham
  • NeighborhoodChatham
  • Zip60619
  • Style
  • Year Built1923
  • Taxes$ 5627
  • Price$ 379,900
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size0.09 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Money-making brick three-unit investment opportunity with full basement and three-car garage! This solid, income-producing property features three spacious units, each offering two bedrooms and one full bathroom. Each unit has individual furnaces and water heaters, with tenants responsible for their own gas and electric-an attractive setup for operating efficiency. The full unfinished basement provides additional storage and future value-add potential, while the three-car garage adds valuable off-street parking. Perfect for investors seeking existing cash flow or an owner-occupant looking to house hack by living in one unit while generating income from the others. Unit 1 is currently month-to-month, offering added flexibility for an owner-occupant. Income-producing, well-positioned, and ready for its next owner-don't miss this Chatham opportunity!

Price History
9/2/2026 Listed $384,900
9/18/2026 2$379,900

General Features

Sewer Public Sewer,Storm Sewer
Heating Natural Gas,Forced Air
Possession Closing
Garage Spaces 3
Construction Materials Brick
Year Built 1923
Township Hyde Park
Tax Year 2025
Ownership Fee Simple
Gross Income 42732
County Cook
New Construction No
Property Type Residential Income
Total Rooms 15
Status Active
Directions From 79th and the Ryan; go east to Cottage to 81st,make a left on Maryland. Head south to property.
City Chicago
High School District 299
MLS Area CHI - Chatham
Tax Annual Amount 5627
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Unfinished,Partial
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Total Number of Units 3

Exterior Features

Parking Features Yes,Garage Owned,Attached,Garage
Water Source Lake Michigan,Public
Total Parking 3
Lot Dimensions 30x125x30x125
Lot Size Acres 0.09
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60619

Price
AVG $420K
$380K
Taxes
AVG $5,312
$5,627
Year Built
AVG 1919
1923
Visits
AVG 233
72
Data Provided by Inside Real Estate®

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