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$ 525,000

Est. payment -/mo

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8021-23 S Maryland AVE Chicago, IL 60619

UPDATED:

09/19/2024 10:10 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12131343

Maintenance Fees $2,300

Year Built 1926

Annual Tax Amount $2,879

Tax Year 2023

Lot Dimensions 50X125

Property 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 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.

Location

State IL

County Cook

Area Chi - Chatham

Zoning MULTI

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

Others

HOA Fee Include None

Listed by Jonathan Williams • Coldwell Banker Realty

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