Address
8624 S Maryland Avenue, Chicago, IL
Price
$ 595,000
Property Attributes
- MLS#12751678
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Chatham
- NeighborhoodChatham
- Zip60619
- StyleMulti-Family
- Year Built1959
- Taxes$ 4036
- Price$ 595,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3952
- Lot Size0.07 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
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.
| Price History | |
|---|---|
| 9/4/2026 | Listed $595,000 |
General Features
| Cooling | None |
|---|---|
| Possession | Closing |
| Roof | Composition |
| Zoning | MULTI |
| Construction Materials | Brick |
| Year Built | 1959 |
| Electric | Separate Meters |
| Stories Count | 2 |
| Township | Hyde Park |
| Tax Year | 2023 |
| Current Use | Multi-Family |
| Gross Income | 54000 |
| Additional Parcels Description | 20353140320000 |
| County | Cook |
| Net Operating Income | 15000 |
| Operating Expense | 24000 |
| Insurance Expense | 300 |
| Property Type | Commercial Sale |
| MaintenanceExpense | 40000 |
| Possible Use | Multi-Family |
| Status | Active |
| Directions | 95TH ST TO MARYLAND AVE,NORTH TO PROPERTY |
| City | Chicago |
| Number Of Units Total | 5 |
| MLS Area | CHI - Chatham |
| Lot Size Square Feet | 3150 |
| Tax Annual Amount | 4036 |
| Electric Expense | 800 |
| Fuel Expense | 400 |
| Trash Expense | 200 |
| Water Sewer Expense | 300 |
| Additional Parcels Y/N | Yes |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Basement | Partially Finished |
|---|
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 3952 |
| Lot Dimensions | 25 x 125.4 |
| Lot Size Acres | 0.07 |
| Frontage Type | City Street |
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
Taxes
Year Built
Visits
