7847 S Maryland Avenue Chicago, IL $ 195,000
7847 S Maryland Avenue
$ 195,000
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7847 S Maryland Avenue

Chicago, IL, 60619
$ 195,000
Bedrooms-- Baths-- Sq 1,628
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Property for Rent in Chicago, IL

for $195,000. This 1,628 square foot property was built in 1955 on a lot size of 0.07174.

Perfectly positioned in a residential neighborhood, use as a condo upstairs with a business below, or, transform the current commercial space in to residential. Flexible building perfect for investment or personal use. Current use is a condo rental upstairs, hair salon and office (with separate hallway entrance) on first floor. Renters are on a month-to-month, both are long time tenants. Salon pays their electric. Residential unit pays no utilities. Washer/dryer connection in building. Fenced backyard, perfect for entertaining or gardening, with decorative metal fencing at front of building on each side. Detached, oversized garage with extra storage/workshop, in need of cosmetic work. Electric box replaced 2025. Roof seal coat in 2018. Ample street parking. Deck 2 years old. Gas cooking in apartment. 1 heater for the building. Slab foundation, no basement. Salon has 3 plumbing outlets but only 1 is presently being used. Grant money available on this property call Rick S at BMO Mortgage for more details.

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Rental Active

Price

$ 195,000

Taxes

$ 1,567

Style

Commercial,Condominium

Lot Size

0.07174

Year Built

1955

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12585115

Features
General
Cooling Central Air Window Unit(s)
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1955
Electric Circuit Breakers
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial Condominium
Gross Income 18708
County Cook
Insurance Expense 173
Property Type Commercial Sale Mixed Use
Possible Use Commercial Condominium
Status New
Directions 79TH ST TO MARYLAND N TO ADDRESS MARYLAND E OF COTTAGE
City Chicago
Number Of Units Total 3
MLS Area CHI - Greater Grand Crossing
Lot Size Square Feet 3125
Tax Annual Amount 1567
Electric Expense 150
Fuel Expense 200
Trash Expense 0
Water Sewer Expense 75
Additional Parcels Y/N N
Virtual Tour https://www.homes.com/customer/dashboard/listings/?t=3&s=15&dk=9pr41pe5284nn
Lease Type Gross
Standard Status Active
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Interior
Flooring Tile Wood
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Exterior
Water Source Municipal Water
Building Area Total 1628
Lot Dimensions 25X125
Frontage Type City Street
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* Excluded Features
List By
Laraine Hanson

Broker

g@hansoncommercialrealestate.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$195,000 Listed Price

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7847 S Maryland Avenue, Chicago, IL, 60619 is a Property for Rent at $195,000 with 1,628 sqft and a lot size of 0.07174. 7847 S Maryland Avenue was built in 1955. The property's zip code is 60619 which is in Chicago, IL