


8001 S Maryland AvenueChicago, IL 60619
Commercial · 3 Beds · 8,118 Sq. ft. | 0.08 Acres8001 S Maryland Avenue Overview
- Time on Site:
- 83 days
- Visits:
- 0
12-unit brick walk-up building located in Chicago's East Chatham neighborhood. The property features a well-balanced unit mix of six (6) one-bedroom / one-bath apartments and six (6) two-bedroom / one-bath apartments, catering to strong and consistent tenant demand in the submarket. The building has undergone significant recent capital improvements, positioning it as a turnkey investment opportunity with meaningful rental upside. Major upgrades include the installation of brand-new Mitsubishi heating and air conditioning minisplit systems in all units (completed in 2025), providing tenants with modern, energy-efficient climate control. Hot water is supplied by two (2) newly installed Rheem Performance 75-gallon natural gas water heaters (150 gallons total), each backed by a 6-year warranty. The roof was replaced approximately six years ago, further reducing near-term capital expenditure concerns. Additional building enhancements include individual electrical panels and a full perimeter security camera system, both newly installed in 2025, improving operational efficiency, safety, and long-term asset performance. This well-maintained East Chatham asset offers a stabilized, low-maintenance property with organic rent growth potential. With modern mechanical systems already in place and strong neighborhood fundamentals, ownership can benefit from a clean, turnkey operation and long-term hold stability.
8001 S Maryland Avenue Facts & Features
- Type Commercial
- Sq. ft. 8,118
- Price/Sq.ft. $108
- Lot 0.08 Acres
Details
General
Income/Expenses
- Other Expense: 14265
- Electric Expense: 2000
- Fuel Expense: 5617
- Gross Income: 163722
- Gross Scheduled Income: 155595
- Insurance Expense: 12000
- Maintenance Expense: 6000
- Net Operating Income: 78504
- Operating Expense: 77091
- Trash Expense: 3673
- Water Sewer Expense: 8258
Building Information
- Year Built: 1924
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Chatham
- Township: Hyde Park
Tax Information
- Tax Annual Amount: $17,500.00
- Tax Year: 2024
General Information
- Parcel Number: 20351080010000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
Building Interior
- Building Area Total: 8118
General Information
- Basement: Unfinished, Exterior Entry, Bath/Stubbed, Egress Window, 8 ft + pour, Concrete, Walk-Up Access
- Cooling: Central Individual
- Electric: Separate Meters, Over 600 Amps
- Foundation Details: Brick/Mortar, Concrete Perimeter
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 31X124
- Lot Size Square Feet: 3844
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 12
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 1
- Baths Total: 1
- Units Total: 6
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Baths Total: 1
- Units Total: 6
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Baths Total: 1
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Baths Total: 1
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
8001 S Maryland Avenue Neighborhood
Community
60619 (Chicago) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.8001 S Maryland Avenue Monthly Cost
8001 S Maryland Avenue Market Data
Based on the last 30 days in this zip code
8001 S Maryland Avenue History
| Date | Value | Agent |
|---|---|---|
| 4/22/2026Source: MRED | Active |
|
| 4/17/2026Source: MRED | $875,000 -2.8% |
|
| 4/17/2026Source: MRED | Price Change |
|
| 4/13/2026Source: MRED | Active |
|
| 4/8/2026Source: MRED | April 08, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |
















