Three-Unit Multifamily
New
For Sale
$384,900
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 Market4
Property Features for 8038 S Maryland Avenue
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
MULTI_FAMILY
Occupancy
100%
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
(708) 595-9889
Source:
Dawnmckennagroup
Added: Sep 2
Changed: Sep 4
Last Checked: Sep 4 at 3:02PM
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
Investment Insights
Based on property information with market context.
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
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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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 $384,900.
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
