Accepting Backups

8021-23 Maryland Avenue

Chicago, IL 60619
$464,999 ▼ $60,001 from $525,000
0beds
0baths
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About this home

Presenting a beautifully updated, occupied 4 out of 6-unit building, perfect for both investors and homeowners. Rent for one of the units has been raised from $1,100 to $1,700. The property features five 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with living rooms. Each unit has been tastefully renovated, with modern kitchens and baths, updated plumbing, and individual furnaces. Tenants are responsible for their own electricity, heating, and cooking gas, ensuring a strong cash flow and cap rate. HVAC system installed 2017. New Hot water tank Oct 2025. The building also offers potential for additional income by installing a coin-operated laundry and an extra livable unit in the spacious basement. The exterior is well-maintained, featuring new windows and a full perimeter fence. While the 3-car detached garage requires some work, it provides excellent on-site parking opportunities. Sold "AS IS." Please refer to the additional documents for the Financial Pro Forma.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1926
Lot size
Annual tax$2,879
CountyCook
MLS #MRD12131343
Days on market609

Features

Cooling
None
Construction
Brick
Listed by
Coldwell Banker Realty
Jonathan Williams · 773-949-5149

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/26/2026, 9:41:04 AM. All data should be independently verified.

This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.

$464,999
0 bd · 0 ba
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