8554-8556 S Maryland Ave | Chicago, IL 60619
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- LoopNet Team
8554-8556 S Maryland Ave
Chicago, IL 60619
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- All units have seen cosmetic updates to kitchens and baths and feature spacious layouts.
- Updates to porches, electric service, lintels, and tuckpointing work done throughout.
- Pridefully maintained and managed by long term owner.
- Opportunity to significantly increase rental rates through management and leasing operations. (Avg. 1 BD/1 BA Rent: $735).
PROPERTY FACTS
| No. Units | 16 | Building Size | 18,000 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Low-Rise | Year Built | 1930 |
| Building Class | C | Parking Ratio | 0.78/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | RS-3 - Low-density residential zoning | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 18,000 SF |
| Average Occupancy | 88% |
| No. Stories | 4 |
| Year Built | 1930 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | RS-3 - Low-density residential zoning |
PROPERTY TAXES
| Parcel Number | 20-35-309-044-0000 | Improvements Assessment | $66,735 |
| Land Assessment | $9,765 | Total Assessment | $76,500 |
PROPERTY TAXES
Parcel Number
20-35-309-044-0000
Land Assessment
$9,765
Improvements Assessment
$66,735
Total Assessment
$76,500
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