Active

8001 Maryland Avenue

Chicago, IL 60619
$875,000 ▼ $25,000 from $900,000
0beds
0baths
sqft
0.08acres
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About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1924
Lot size0.08 acres
Annual tax$17,500
CountyCook
MLS #MRD12613700
Days on market16

Features

Cooling
Central Individual
Construction
Brick
Listed by
Essex 312, LLC
Quinn Evans · 224-244-3098

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/23/2026, 5:07:04 AM. All data should be independently verified.

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