Vacant Multifamily Reposition
For Sale
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7954 S Maryland Ave, Chicago, IL 60619
Seventeen-unit multifamily property delivered fully vacant for a renovation and leasing program.
Property Size13,600 SF
Price / SF$44.12
Days on Market62
Property Features for 7954 S Maryland Ave
General Information
Standard status
Active
Size
13,600 SF
Property subtype
Multifamily
Investment Type
Value Add
Additional Details
Business Included
No
Multifamily Units
17
Building Details
Year Built
1924
Buildings
1
Units
17
Listing Agency:
33 Realty LLC
Listed By:
Sean Connelly · License #IL 481011345
(773) 245-0587
Source:
Crexi
Added: Jul 22
Changed: Sep 17
Last Checked: Sep 21 at 6:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 33 Realty LLC
Investment Insights
Based on property information with market context.
7954–7956 S Maryland Ave is a 17-unit, 100% vacant multifamily property offered as a single-parcel, two-address clean slate for renovation. The building features a heavy 1BR/2BR mix, with 12 units configured as 1 bedroom and 1 bath, and 5 units configured as 2 bedrooms and 1 bath. The property is approximately 13,600 SF and presents as a vintage brick walk-up.
The offering is positioned for a full interior rehab scope, with no tenant displacement risk indicated because the property is delivered vacant.
With unit-by-unit interior improvements possible across the existing 1BR and 2BR layout mix, the configuration supports a straightforward plan to update finishes and prepare units for new leasing following renovation.
The offering is positioned for a full interior rehab scope, with no tenant displacement risk indicated because the property is delivered vacant.
With unit-by-unit interior improvements possible across the existing 1BR and 2BR layout mix, the configuration supports a straightforward plan to update finishes and prepare units for new leasing following renovation.
Key Highlights
- 17‑unit multifamily property delivered 100% vacant for renovation and leasing program
- 12 × 1BR/1BA and 5 × 2BR/1BA unit mix in total 17 units
- 13,600 SF vintage brick walk‑up with 1924 year built
Property Analytics
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Current Use
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Seventeen-unit multifamily property delivered fully vacant for a renovation and leasing program.
Where is this apartment building located?
The property is located at 7954 S Maryland Ave Chicago, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 17‑unit multifamily property delivered 100% vacant for renovation and leasing program; 12 × 1BR/1BA and 5 × 2BR/1BA unit mix in total 17 units; 13,600 SF vintage brick walk‑up with 1924 year built
