Three-Unit Multifamily
For Sale
$379,900
8038 S Maryland Avenue, Chicago, IL 60619
Fully occupied residential income property with separate utility service and off-street parking.
Property SizeContact for details
Days on Market55
Property Features for 8038 S Maryland Avenue
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
MULTI_FAMILY
Occupancy
100%
Site & Location
Neighborhood
Near South Side
Units
Unit Mix
3 x 2BR
Multifamily Units
3
Additional Details
Gross Income
$42,732
Taxes and HOA fees
Annual Taxes
$5,627
Building Details
Year Built
1923
Buildings
1
Listing Agency:
Keller Williams ONEChicago
Listed By:
Cierra Thurman · License #475187407
(312) 216-2422
Source:
Dawnmckennagroup
Added: Sep 2
Changed: Oct 25
Last Checked: Oct 25 at 12:55AM
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 Keller Williams ONEChicago
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Investment Insights
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Built in 1923, this three-unit multifamily property is fully occupied and configured with three two-bedroom apartments. Each residence has its own furnace and water heater, while tenants pay their individual gas and electric costs. The setup supports separate utility responsibility across the building.
A three-car masonry garage provides off-street parking. The property also includes an unfinished basement that may offer additional build-out potential, subject to zoning and City approval. Located on S Maryland Avenue in Chicago’s Chatham area, the building is near transportation, shopping, and neighborhood amenities.
A three-car masonry garage provides off-street parking. The property also includes an unfinished basement that may offer additional build-out potential, subject to zoning and City approval. Located on S Maryland Avenue in Chicago’s Chatham area, the building is near transportation, shopping, and neighborhood amenities.
Key Highlights
- Three fully occupied residential units
- Each apartment offers a two‑bedroom layout
- Individual furnaces and water heaters serve the units
Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied residential income property with separate utility service and off-street parking.
Where is this triplex located?
The property is located at 8038 S Maryland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Three fully occupied residential units; Each apartment offers a two‑bedroom layout; Individual furnaces and water heaters serve the units
