Chicago, IL 60619 8045 S Maryland Avenue

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Presented By: Coldwell Banker Realty
  • MLS# 12132471
  • 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 • 5
  • SQFT • 6,600

Home Details

Presenting a beautifully updated 6-unit building in East Chatham, ideal for both investors and homeowners alike. Each unit has been tastefully renovated with modern kitchens and baths, featuring new electrical service and panels, updated plumbing, and individual furnaces. Tenants cover their own electricity, heating, and cooking gas. The building is 5 out of 6 units occupied, consisting of three (3) 2-bedroom/1-bath units and three (3) 3-bedroom/1-bath units, all offering living rooms. There's potential for additional income by installing a coin-operated laundry in the spacious basement. The exterior is well-maintained with a full perimeter fence, new windows, a new porch, and extensive tuckpointing. The 4-car detached garage, which requires some work, offers excellent on-site parking opportunities. This property is preferred to be sold as part of a portfolio with another property located just 50 feet away. Sold "AS IS." Please refer to additional documents for more information. Please select "Additional Information" for the Pro Forma.
Presented By: Coldwell Banker Realty

General for 8045 S Maryland Avenue

Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseMulti-Family
Days on Market38
DirectionsI-94 to 79th Street, E to Cottage Grove, S to 81st St, E to Maryland, left to Property.
ElectricCircuit Breakers, Separate Meters
Electric Expense393
Fuel Expense1441
Gross Income75600
Insurance Expense4935
Lot Size Square Feet4965
MLS AreaCHI - Chatham
MaintenanceExpense
Net Operating Income47867
NumberOfUnitsTotal6
Operating Expense27733
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount8264
Tax Year2023
Tenant PaysElectricity, Heat
TownshipHyde Park
Trash Expense1500
Water Sewer Expense2900
Year Built1930
ZoningMULTI

Exterior for 8045 S Maryland Avenue

Building Area Total6600
ExteriorBrick
Frontage TypeCity Street
Lot Dimensions4, 965 SQ. FT
Lot Size Acres0.11

Additional Details

Price History

Worth Clark

Price $525,000
MLS#12132471
List Date 08/26/2024
Property Type Multi-Family
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