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8624 S Maryland Ave
Chicago, IL 60619
8624 S Maryland Ave · Multifamily Property For Sale
·
6 Units
Executive Summary
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 renovations presents an opportunity for updates and added value.
Multiple APN. Additional # 20-35-413-033-0000
Income and Expenses estimated by owner.
Multiple APN. Additional # 20-35-413-033-0000
Income and Expenses estimated by owner.
Property Facts
| Price Per Unit | $99,167 | Building Size | 3,952 SF |
| Sale Type | Investment | Average Occupancy | 83% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1959 |
| Lot Size | 0.15 AC | Parking Ratio | 1.52/1,000 SF |
| Zoning | RS-3 | ||
| Price Per Unit | $99,167 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Lot Size | 0.15 AC |
| Building Size | 3,952 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | RS-3 |
Amenities
Site Amenities
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $31,118 | |
| Land Assessment | $4,726 | Total Assessment | $35,844 |
Property Taxes
Parcel Numbers
Land Assessment
$4,726
Improvements Assessment
$31,118
Total Assessment
$35,844
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