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Six-Unit Apartment Building
For Sale
$595,000

8624 S Maryland Avenue, Chicago, IL 60619

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market18

Property Features for 8624 S Maryland Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 2, Bathroom 3, Basement, Bedroom 1, Bedroom 3, Bedroom 8, Bathroom 4, Bedroom 9, Bedroom 7, Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 5, Bedroom 6, Bedroom 4
Basement Partially Finished
Directions 95TH ST TO MARYLAND AVE, NORTH TO PROPERTY
Subdivision CHI - Chatham
Standard status Active
APN 20353140330000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 4036

Amenities

24 hour security surveillance system

Building Details

Year built 1959
Floors in Building 2
Number of units 5
Building materials Brick
Roof type Composition
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Harry Ventimiglia · License #475116431
Added: Sep 4 Changed: Sep 12 Last Checked: Sep 21 at 7:06PM
MLS# 12751678

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 brick apartment property, constructed in 1959, contains six separate units with a combined total of 10 bedrooms and 6 bathrooms. Each residence includes its own kitchen, living room, and dining area, supporting distinct household layouts. One unit remains unfinished and requires renovation, creating a defined improvement project within the existing configuration.

The property includes six dedicated parking spaces and a 24-hour security surveillance system. Two units are leased, while three are operating as Airbnb rentals; one of those units has 160 rental days secured. The building is located at 8624 S Maryland Avenue in Chicago, Illinois, and carries MULTI zoning on a 0.07-acre lot.

Key Highlights

  • Six‑unit building with 10 bedrooms and 6 bathrooms
  • Individual kitchens, living rooms, and dining areas in each unit
  • Two units currently leased and three operating as Airbnb rentals

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Skin Care Clinic HVAC Service Gym & Fitness Center Auto Repair Shop Kitchen & Bath Showroom

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,063
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Brick multifamily property with independent residential layouts, dedicated parking, and a mix of leased and short-term rental units.
Where is this apartment building located?
The property is located at 8624 S Maryland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Six‑unit building with 10 bedrooms and 6 bathrooms; Individual kitchens, living rooms, and dining areas in each unit; Two units currently leased and three operating as Airbnb rentals
More about this property
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