7
See all 7 photos
Listed by Latrease Davenportof PIP Realty Group
-
Est. payment /mo
7 Beds
New
7432 S Maryland AVE Chicago, IL 60619
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Cornell
MLS Listing ID 12688717
Bedrooms 7
Year Built 1900
Annual Tax Amount $3,359
Tax Year 2024
Lot Dimensions 3125 SQ FT
Property Sub-Type Two to Four Units
Property Description
Don't miss this beautifully maintained and recently remodeled (2022) brick 2-unit building offering both comfort and income potential. Featuring a total of 7 bedrooms and 2 bathrooms, this property is an excellent opportunity for an owner-occupant or investor looking to expand their portfolio. The first-floor unit is vacant and move-in ready, making it ideal for an owner-occupant seeking to lower housing costs with rental income. The second-floor unit is currently tenant-occupied and generating $1,450 per month in rental income. Located on a quiet, tree-lined street, this property offers convenient access to public transportation, shopping, schools, and other neighborhood amenities. Additional features include a spacious, dry basement with washer and dryer and excellent potential for additional living space, storage, or future improvements. The detached 2-car garage provides added convenience and value. All appliances are included, making this a turnkey investment opportunity. **Please note:** This property is being offered as part of a package sale and must be purchased together with an additional 2-flat building. This unique opportunity allows buyers to acquire multiple income-producing properties at once. Pricing and terms for the package will be negotiated with qualified and interested parties. Whether you're an investor seeking immediate cash flow or a buyer looking to build long-term wealth through real estate, this package presents a compelling opportunity.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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