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8624 S Maryland Avenue

Chicago, IL 60619
  • $595,000
  • STATUS: Active
  • MLS #: 12572665
UPDATED: 136 min ago
$595,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Description

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 rennovations presents an opportunity for updates and added value.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-18T15:09:32.037 UTC. 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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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8624 S Maryland Avenue Chicago, IL 60619

  • Price: $595,000
  • Status: Active
  • On Site: Days
  • Updated: 136 min ago
  • MLS #: 12572665
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1959
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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 rennovations presents an opportunity for updates and added value.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City Street Land Amenities Curbs and GuttersSidewalks Outdoor Parking 6-12 Spaces Roof Composition Roof Structure Flat

Interior Features

Basement Details Partially Finished Cooling None Fireplaces Total 0 Heat Ventilation Central Bldg Heat Number Of Dishwashers 0 Number Of Dryers 0 Number Of Washers 0

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 3952 Built Before1978 YN Yes Current Use Multi-Family Electric Separate Meters Fire Protection Alarm MonitoredFire Extinguisher/s Gross Income 54000 Gross Scheduled Income 54000 Insurance Expense 300 Maintenance Expense 40000 Mls Actual Status Active Net Operating Income 15000 Operating Expense 24000 Ownership Types Individual Possible Use Multi-Family Tax Annual Amount 4400 Tax Year 2024 Total Monthly Income 4500 Township Hyde Park Type Multi Family 5+ Zoning MULTI

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Keller Williams Preferred Rlty: 708-798-1111.



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-18T15:09:32.037 UTC. 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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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