8021-23 S Maryland Avenue, Chicago, IL 60619
8021-23 S Maryland Avenue, Chicago, IL 60619
8021-23 S Maryland Avenue, Chicago, IL 60619
8021-23 S Maryland Avenue, Chicago, IL 60619
8021-23 S Maryland Avenue, Chicago, IL 60619
8021-23 S Maryland Avenue, Chicago, IL 60619
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Listed by Jonathan Williamsof Coldwell Banker Realty
$ 464,999
Est. payment | /mo

Save
$ 464,999
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12131343

Year Built 1926

Annual Tax Amount $2,879

Tax Year 2023

Lot Dimensions 50X125

Property Sub-Type Multi Family 5+

Property Description

Presenting a beautifully updated, occupied 4 out of 6-unit building, perfect for both investors and homeowners. Rent for one of the units has been raised from $1,100 to $1,700. The property features five 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with living rooms. Each unit has been tastefully renovated, with modern kitchens and baths, updated plumbing, and individual furnaces. Tenants are responsible for their own electricity, heating, and cooking gas, ensuring a strong cash flow and cap rate. HVAC system installed 2017. New Hot water tank Oct 2025. The building also offers potential for additional income by installing a coin-operated laundry and an extra livable unit in the spacious basement. The exterior is well-maintained, featuring new windows and a full perimeter fence. While the 3-car detached garage requires some work, it provides excellent on-site parking opportunities. Sold "AS IS." Please refer to the additional documents for the Financial Pro Forma.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling None

Fireplace N

Exterior

View Y/N true

Building

Foundation Brick/Mortar

Water Municipal Water

Structure Type Brick

Others

HOA Fee Include None

Midwest Real Estate Data (MRED) VOW
NEARBY SCHOOLS & PROPERTIES
Amber Holup

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 870-6835

amber@thehnghomes.com

9755 W 143rd St., Park, IL

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8021-23 S Maryland Avenue