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8001 S Maryland Avenue Chicago, IL 60619

$900,000
New / MLS# 12613700 / Multi Unit - Multiple / Chicago
0 Beds
8118 SqFt

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.

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Baird & Warner Nicole Boston Agent Cell: 847.878.0235 Email

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Estimated Payment

$ 3,720.83 per month $2,000.00 Principal & Interest $1,458.33 Property Tax $262.50 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Individual
Lot Size: 0.08 Acres
Stories: 3.0
Taxes: $17,500
Year Built: 1924

Feature Descriptions

Current Use: Multi-Family
Electric: Separate Meters, Over 600 Amps
Exterior: Brick
Foundation: Brick/Mortar, Concrete Perimeter
HVAC: Central Heat/Indiv Controls, Baseboard
Lot Dimensions: 31X124
Parcel#: 20351080010000
Units: 12

Location

See details and scored characteristics about this location.

Listing Office: Essex 312, LLC

Listing Office Phone: 773-305-4858



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