8624 S Maryland Avenue Chicago, IL $ 595,000
8624 S Maryland Avenue
$ 595,000
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8624 S Maryland Avenue

Chicago, IL, 60619
$ 595,000
Bedrooms3 Baths0.0 Sq 3,952

Monthly Estimate*

$ 4,110

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Multi-Family Home for sale in Chicago, IL

for $595,000 with 3 bedrooms. This 3,952 square foot home was built in 1959 on a lot size of 0.07.

Exceptional investment opportunity! This well-maintained 6 unit multi-family property offers a total of 10 bedrooms and 6 bathrooms, making it ideal for both long term and short term rental strategies. Proforma is in additional document tab. Each unit features its own kitchen, living room, and dining area, offering comfortable, fully independent living spaces for tenants or guests. The property is equipped with a 24 hour security surveillance system for added peace of mind. Exterior amenities include six dedicated parking spaces for residents and guests. Two units are currently under 1 year lease, providing immediate, stable income. Three units are operating as active Airbnb rentals. One additional unfinished basement unit needing total renovations presents an opportunity for updates and added value.

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Multi-Family Active

Price

$ 595,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 4,036

Style

Multi-Family

Lot Size

0.07

Year Built

1959

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12751678

Features
General
Cooling None
Possession Closing
Roof Composition
Zoning MULTI
Construction Materials Brick
Year Built 1959
Electric Separate Meters
Stories Count 2
Township Hyde Park
Tax Year 2023
Current Use Multi-Family
Gross Income 7700
Additional Parcels Description 20353140320000
County Cook
Net Operating Income 61500
Operating Expense 31000
Insurance Expense 290
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 40000
Possible Use Multi-Family
Status Active
Directions 95TH ST TO MARYLAND AVE NORTH TO PROPERTY
City Chicago
Number Of Units Total 5
MLS Area CHI - Chatham
Lot Size Square Feet 3150
Tax Annual Amount 4036
Electric Expense 750
Fuel Expense 750
Trash Expense 85
Water Sewer Expense 200
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 10
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Interior
Basement Partially Finished
Total Fireplaces 0
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3952
Lot Dimensions 25 x 125.4
Lot Size Acres 0.07
Frontage Type City Street
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

harry@ventimigliarealtyteam.com

Email

Affordability Calculator

$4,446
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,110
Monthly Property Taxes
$336
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/4/2026$595,000 Listed Price

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8624 S Maryland Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $595,000 with 3,952 sqft and a lot size of 0.07. 8624 S Maryland Avenue has 3 bedrooms, 0.0 baths, and was built in 1959. The property's zip code is 60619 which is in Chicago, IL