Chicago, IL 60619 8021-23 S Maryland Avenue

8021-23 S Maryland Avenue Chicago, IL - Image 18021-23 S Maryland Avenue Chicago, IL - Image 28021-23 S Maryland Avenue Chicago, IL - Image 3
10 more
8021-23 S Maryland Avenue Chicago, IL - Image 48021-23 S Maryland Avenue Chicago, IL - Image 58021-23 S Maryland Avenue Chicago, IL - Image 68021-23 S Maryland Avenue Chicago, IL - Image 78021-23 S Maryland Avenue Chicago, IL - Image 88021-23 S Maryland Avenue Chicago, IL - Image 98021-23 S Maryland Avenue Chicago, IL - Image 108021-23 S Maryland Avenue Chicago, IL - Image 118021-23 S Maryland Avenue Chicago, IL - Image 128021-23 S Maryland Avenue Chicago, IL - Image 138021-23 S Maryland Avenue Chicago, IL - Image 14
Presented By: Coldwell Banker Realty
  • MLS# 12131343
  • 08/26/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 7

Home Details

Presenting a beautifully updated, fully occupied 6-unit building, perfect for both investors and homeowners. 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. 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.
Presented By: Coldwell Banker Realty

Interior Features for 8021-23 S Maryland Avenue

Other Interior Features

BasementUnfinished

General for 8021-23 S Maryland Avenue

Additional Parcels Y/NNo
Association Fee IncludesNone
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseMulti-Family
Days on Market25
Directions83rd Street to Maryland, North to Address
ElectricCircuit Breakers, Separate Meters
Electric Expense355
Fuel Expense3716
Gross Income77544
Insurance Expense5249
MLS AreaCHI - Chatham
MaintenanceExpense2300
Net Operating Income51323
NumberOfUnitsTotal6
Operating Expense26221
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount2879
Tax Year2023
Tenant PaysElectricity, Other
TownshipHyde Park
Trash Expense1500
Water Sewer Expense2572
Year Built1926
ZoningMULTI

Exterior for 8021-23 S Maryland Avenue

ExteriorBrick
Foundation DetailsBrick/Mortar
Lot Dimensions50X125

Additional Details

Price History

Worth Clark

Price $525,000
MLS#12131343
List Date 08/26/2024
Property Type Multi-Family
Phone
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 8021-23 S Maryland Avenue