8021-23 South Maryland Avenue
$499,000
13
6
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Description
Presenting a beautifully updated, fully occupied 6-unit building, perfect for both investors and homeowners. The property features five 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with living rooms. Each unit has been tastefully renovated, with modern kitchens and baths, updated plumbing, and individual furnaces. Tenants are responsible for their own electricity, heating, and cooking gas, ensuring a strong cash flow and cap rate. The building also offers potential for additional income...Presenting a beautifully updated, fully occupied 6-unit building, perfect for both investors and homeowners. The property features five 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with living rooms. Each unit has been tastefully renovated, with modern kitchens and baths, updated plumbing, and individual furnaces. Tenants are responsible for their own electricity, heating, and cooking gas, ensuring a strong cash flow and cap rate. The building also offers potential for additional income by installing a coin-operated laundry and an extra livable unit in the spacious basement. The exterior is well-maintained, featuring new windows and a full perimeter fence. While the 3-car detached garage requires some work, it provides excellent on-site parking opportunities. Sold "AS IS." Please refer to the additional documents for the Financial Pro Forma.
Property Details for 8021-23 South Maryland Avenue
Area
CHI - Chatham
TownshipHyde Park
ZoningMULTI
LISTING UPDATED: 10/29/2024 12:06 AM
Property Details for 8021-23 South Maryland Avenue
Status | Active |
---|---|
MLS # | 12131343 |
Days on Market | 156 |
Taxes | $2,879 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1926 |
Lot Size | 0.14 AC / 6,250 SF |
County | Cook County |
Building Information for 8021-23 South Maryland Avenue
Stories3Residences6Year Built1926Building Size-Lot Size0.14 AC / 6,250 SF
Property Information for 8021-23 South Maryland Avenue
Property History for 8021-23 South Maryland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 8021-23 South Maryland Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Ashe Elementary School PublicPK to 8 | ||
Hirsch Metropolitan High School Public9 to 12 | ||
CICS Avalon CharterK to 8 | ||
Gary Comer College Prep Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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