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8045 S Maryland AVE Chicago, IL 60619
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Key Details
Sold Price $435,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $65
MLS Listing ID 12132471
Year Built 1930
Annual Tax Amount $8,264
Tax Year 2023
Lot Size 4,791 Sqft
Property Sub-Type Multi Family 5+
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. Four out of the 6 units are rented.
Location
State IL
County Cook
Area Chi - Chatham
Zoning MULTI
Interior
Cooling None
Building
Water Municipal Water
Structure Type Brick
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Bought with Jada Melo of Illinois Real Estate Partners
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