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Occupied 3-Unit Triplex
New
For Sale
$384,900

8038 S Maryland Avenue, Chicago, IL 60619

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market1

Property Features for 8038 S Maryland Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 6, Bathroom 1, Basement, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 3
Parking 3
Parking features Garage
Basement Unfinished, Partial
Elementary school district 299
Middle school district 299
High school district 299
Directions From 79th and the Ryan; go east to Cottage to 81st, make a left on Maryland. Head south to property.
Subdivision CHI - Chatham
Standard status Active
APN 20351070230000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5627

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1923
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Cierra Thurman · License #475187407
Added: Sep 2 Last Checked: Sep 2 at 7:06PM
MLS# 12747083

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This occupied brick triplex contains three residential units, each arranged with two bedrooms and served by its own furnace and water heater. Residents pay their own gas and electric, while public water and sewer serve the property. A three-car masonry garage provides on-site parking, and the unfinished basement adds functional storage and possible future utility, subject to zoning and City approval.

Built in 1923 on a 0.09-acre lot, the property is located on S Maryland Avenue in Chicago’s Chatham area. The surrounding setting provides access to transportation, shopping, and neighborhood amenities. The combination of separate tenant-paid utilities, individual building systems, garage parking, and an occupied three-unit configuration creates a straightforward multifamily ownership profile.

Key Highlights

  • Three occupied residential units, each with a two‑bedroom layout
  • Individual furnace and water heater serving every unit
  • Residents pay their own gas and electric

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Gym & Fitness Center Kitchen & Bath Showroom Skin Care Clinic Tech Support Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,266
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Brick multifamily property with separate utility responsibility, individual mechanical systems, and a detached three-car garage.
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 occupied residential units, each with a two‑bedroom layout; Individual furnace and water heater serving every unit; Residents pay their own gas and electric
More about this property
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