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$375,000
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8001 S Maryland Avenue

Chicago, Illinois 60619
Closed / MLS #11257766 / Multiple Family / Chatham
Listing information updated 8/3/2023 at 1:32pm
The Neistat Group and Jameson Commercial are pleased to present the exclusive sale of 8001 S Maryland, a twelve (12) unit property in Chicago'shistoric Chatham neighborhood. Located just three (3) miles from the University of Chicago / Hyde Park and nine (9) miles from Downtown and easy access to three (3) Highways; I90, I94, and Dusable LakeShore Drive. 8001 S Maryland is a gorgeous brick three (3) story walk up on the corner of 80th and Maryland. There are four tiers and two (2) different unit types consisting of six (6) - two(2) bedrooms and one (1) bathroom and six (6) -one (1) bedroom and one (1) bathroom. This asset is a real value-add opportunity. Currently, three (3) units are framed with new copper, electrical, windows, and the east side of the building has a new roof. Tenants pay for electricity and heat; the owner pays gas for the Hot Water. 8001 S Maryland is suited for an investor looking for a true value-add, not only acquiring this asset to put your stamp but having actual value with the renovation. Additionally, with the Obama Presidential Library breaking ground and announcing a $61Mentertainment studio half (.5) a mile west, the neighborhood is slated further to appreciate.

Full Features

Exterior Type:
Brick
Basement:
Unfinished,Exterior Access,Bathroom Rough-In,Egress Window,8 ft + pour,Concrete (Basement),Walk-Up Access
Water Front:
No
Square Feet:
N/A
Acreage:
0.08
Built:
1924
Cooling System:
None
Stories:
3
Current Use:
Multi-Family
Potential Use:
Multi-Family
Zoning:
MULTI
Current Net Income:
$70,027
Unit 1:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 4:
3 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$8,539
Tax Year:
2020

Location

Zip Code:
60619
City:
Chicago
County:
Cook

Listing Office: Jameson Sotheby's Intl Realty

Listing Office Phone: 312.751.0300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/3/2023 at 1:32pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Chatham, IL

A well-established neighborhood that has evolved over the years, Chatham is home to many residents that have lived in the community for much of their lives. Avalon Highlands, Chesterfield, and Chatham Fields are three of the sub-areas that comprise this tight-knit community. Listed on the National R...

Metra

Metra
Metra Electric Main Branch line at Chatham Metra
$195,676
Average Sale Price
118
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 8001 S Maryland Avenue, Chicago, IL 60619

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8001 S Maryland Avenue is a multiple family which sold for $375,000. This multiple family has been listed on @properties since October 28th, 2021 and was built in 1924. The nearest transit stops include Chatham Metra Metra Metra Electric Main Branch line.

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