8017 S Maryland Avenue, Chicago IL 60619
Property Description
TURNKEY MULTIFAMILY OPPORTUNITY IN CHATHAM - INVESTORS & OWNER-OCCUPANTS Exceptional brick 4-unit property offering strong current rental income with excellent income-producing potential and modern updates throughout. The property features two spacious 4-bedroom apartments-one 4BR/2BA and one 4BR/1BA-plus two additional 1-bedroom apartments. Each unit features updated kitchens and baths, modern plank flooring, stainless-steel appliances, and abundant natural light. A fully finished basement provides additional valuable living space with 2 bedrooms, 1 bath, kitchen, and living area. Exterior features include a new privacy fence, backyard patio, and 2-car brick garage with remote access. Additional amenities include on-site laundry and a maintenance/storage area. Strong existing rental income with potential for continued rent growth and long-term appreciation. Excellent opportunity for investors seeking a well-maintained multifamily asset or owner-occupants looking to build their rental portfolio. Conveniently located in Chatham near the lakefront, transportation, shopping, dining, neighborhood amenities, and the Obama Presidential Center. SOLD AS IS.
Features & Information
Key Details
- List Price $439,900
- Property Taxes $6,067
- Year Built 1925
- Status Price Change
- List Market Time 72
Units
-
Unit 1
- Floor 1
- Rooms 9
- Beds 4
- Baths 2
- Appliances Stove, Refrigerator
- Rent $1,525/mo
- Tenant Pays Electric,Gas
- Lease Expires 03/25
-
Unit 2
- Floor 2
- Rooms 8
- Beds 4
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,525/mo
- Tenant Pays Electric,Gas
- Lease Expires 05/26
-
Unit 3
- Floor 2
- Rooms 4
- Beds 1
- Baths 1
- Appliances Stove, Refrigerator
- Rent $900/mo
- Tenant Pays Electric,Gas
- Lease Expires 05/26
-
Unit 4
- Floor 2
- Rooms 4
- Beds 1
- Baths 1
- Appliances Stove, Refrigerator
- Rent $900/mo
- Tenant Pays Electric,Gas
- Lease Expires 05/26
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 4
- Age of Building 100+ Years
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property East On 79th Street, South On Maryland Ave, East On 80th
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 6067.4
- Tax Year 2024
- Parcel Identification Number 20351080050000
Listed by LaTonya Sims for Kale Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 8/15/2026 1:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Chatham
A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.
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