$499,000
8045 S Maryland Avenue Chicago, IL 60619
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$499,000
Est. payment /mo
6,600 SqFt
Price Dropped by $26K
8045 S Maryland Avenue Chicago, IL 60619
UPDATED:
10/29/2024 05:06 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $75
MLS Listing ID 12132471
Year Built 1930
Annual Tax Amount $8,264
Tax Year 2023
Lot Size 4,791 Sqft
Lot Dimensions 4,965 SQ. FT
Property Description
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.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jonathan Williams • Coldwell Banker Realty
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