7951 S Maryland Avenue
Chicago, IL 60619

Status: Active Under Contract
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $385,000
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About this home

Welcome to this meticulously renovated legal 2 flat with finished basement in the heart of Chicago WITH WASHER/DRYER HOOK UPS. This property boasts a tastefully remodeled interior with hardwood floors, freshly painted, can lighting, updated kitchens and bathrooms that blend modern convenience with classic charm. The top two units offer spacious layouts, each featuring three bedrooms and one bathroom, perfect for comfortable living. With separate utilities for each unit, tenants can enjoy privacy and convenience in managing their living spaces. Additionally, the finished basement adds versatility to the property, providing an in-law suite. Perfect for living in 1 unit and renting out others to pay the mortgage. Appliances will be installed prior to closing excluding washer/dryer. Washer/dryer hook ups on all floors. Newer roof. Newer electric & plumbing throughout. Exterior features a garage, yard and privacy fence. Located in Chatham, a vibrant and well-established neighborhood, residents have access to a range of amenities, including parks, schools, shops, and easy transportation options. Don't miss this opportunity to own a turnkey investment property or a spacious home with income potential in this desirable Chicago neighborhood.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1925
Parking Total 3
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 3
Parking Garage
Rehab Year 2024
Virtual Tour (Unbranded) External link
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Chatham
Corporate Limits Chicago
Directions S. to 79th St-E to Maryland, S. to address
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 13
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 3
Tenant Pays Electric, Gas, Heat
Floor Number G
Square Feet 1267
unit 2
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 1366
unit 3
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
Square Feet 1362
Property / Lot Details
Deconversion N
Lot Dimensions 31X124
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Type Unit 2 Flat, 3 Story Unit/s
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20351010110000
Special Assessments N
Taxes $2,880
Tax Exemptions None
Tax Year 2022
$385,000 Listing Price:
MLS # 12060628
Investment Profile Residential Income
Listing Market Time 15 days
Basement Full
Type Unit 2 Flat, 3 Story Unit/s
Number of Units in Building 3
Parking Garage
List Date 06/12/2024
Year Built 1925
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