8001 South Maryland AvenueChicago, IL 60619Price: $400,000

  • Price: $400,000
  • 32 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.08Acreage
  • 1924Year Built

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The Neistat Group and Jameson Commercial are pleased to present the exclusive sale of 8001 S Maryland,a twelve (12) unit property in Chicago'shistoric Chatham neighborhood. Located just three (3) miles from the University of Chicago / Hyde Park and nine (9) miles from Downtown and easy access to three (3) Highways; I90,I94,and Dusable LakeShore Drive. 8001 S Maryland is a gorgeous brick three (3) story walk up on the corner of 80th and Maryland. There are four tiers and two (2) different unit types consisting of six (6) - two(2) bedrooms and one (1) bathroom and six (6) -one (1) bedroom and one (1) bathroom. This asset is a real value-add opportunity. Currently,three (3) units are framed with new copper,electrical,windows,and the east side of the building has a new roof. Tenants pay for electricity and heat; the owner pays gas for the Hot Water. 8001 S Maryland is suited for an investor looking for a true value-add,not only acquiring this asset to put your stamp but having actual value with the renovation. Additionally,with the Obama Presidential Library breaking ground and announcing a $61Mentertainment studio half (.5) a mile west,the neighborhood is slated further to appreciate.

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Listed by Matthew Neistat of Jameson Sotheby's Intl Realty

Based on information submitted to MRED  as of November 28, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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