8021-23 S Maryland Avenue Chicago, IL $ 464,999
8021-23 S Maryland Avenue
$ 464,999
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8021-23 S Maryland Avenue

Chicago, IL, 60619
$ 464,999
Bedrooms7 Baths0.0

Monthly Estimate*

$ 2,863

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Multi-Family Home for sale in Chicago, IL

for $464,999 with 7 bedrooms. This home was built in 1926.

Presenting a beautifully updated, occupied 4 out of 6-unit building, perfect for both investors and homeowners. Rent for one of the units has been raised from $1,100 to $1,700. The property features five 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with living rooms. Each unit has been tastefully renovated, with modern kitchens and baths, updated plumbing, and individual furnaces. Tenants are responsible for their own electricity, heating, and cooking gas, ensuring a strong cash flow and cap rate. The building also offers potential for additional income by installing a coin-operated laundry and an extra livable unit in the spacious basement. The exterior is well-maintained, featuring new windows and a full perimeter fence. While the 3-car detached garage requires some work, it provides excellent on-site parking opportunities. Sold "AS IS." Please refer to the additional documents for the Financial Pro Forma.

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Multi-Family Active

Price

$ 464,999

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 2,879

Style

Multi-Family

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12131343

Features
General
Cooling None
Possession Closing
Zoning MULTI
Association Fee Includes None
Construction Materials Brick
Year Built 1926
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity Other
Stories Count 3
Township Hyde Park
Tax Year 2023
Current Use Multi-Family
Gross Income 84612
County Cook
Net Operating Income 51323
Operating Expense 26221
Insurance Expense 5249
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 2300
Possible Use Multi-Family
Status Active
Directions 83rd Street to Maryland North to Address
City Chicago
Number Of Units Total 6
MLS Area CHI - Chatham
Tax Annual Amount 2879
Electric Expense 355
Fuel Expense 3716
Trash Expense 1500
Water Sewer Expense 2572
Additional Parcels Y/N N
Standard Status Active
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Interior
Basement Unfinished
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Exterior
Water Source Municipal Water
Foundation Details Brick/Mortar
Lot Dimensions 50X125
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* Excluded Features
List By
Coldwell Banker Realty

Broker

jonathan.williams@cbrealty.com

Email

Affordability Calculator

$3,103
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,863
Monthly Property Taxes
$240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/6/2026$464,999 Listed Price

Map


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8021-23 S Maryland Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $464,999. 8021-23 S Maryland Avenue has 7 bedrooms, 0.0 baths, and was built in 1926. The property's zip code is 60619 which is in Chicago, IL