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*

$ 3,664

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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. 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 leased, providing immediate, stable income. Three units are operating as active Airbnb rentals, with one unit already secured for 160 rental days. One additional unfinished unit needing rennovations 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

$ 4,400

Style

Multi-Family

Lot Size

0.07

Year Built

1959

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12572665

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 2024
Current Use Multi-Family
Gross Income 54000
County Cook
Net Operating Income 15000
Operating Expense 24000
Insurance Expense 300
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 40000
Possible Use Multi-Family
Status New
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 4400
Electric Expense 800
Fuel Expense 400
Trash Expense 200
Water Sewer Expense 300
Additional Parcels Y/N Y
Standard Status Active
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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

$4,030
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,664
Monthly Property Taxes
$367
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
2/27/2026$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