8102 South Maryland Avenue

Chicago, IL 60619

$5,500,000
Price
26
Beds
26
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

****THIS BUILDING IS PART OF AN REO PORTFOLIO SALE AND INCLUDES 5 BUILDINGS (118 TOTAL UNITS): (1) 8100-8110 S Paulina St, Chicago IL 60620, (2) 8200 S Paulina St, Chicago IL 60620, (3) 8102 S Maryland Ave, Chicago IL 60619, (4) 7157 S Yale Ave, Chicago IL 60621, (5) 7849 S Escanaba Ave, Chicago IL 60617.****** /// 8102 S Maryland Ave is a 26-unit building in Chicago's southwest Chatham neighborhood. This building is comprised of twenty-six (26) one bed/one bath units. Building is partially occupied...****THIS BUILDING IS PART OF AN REO PORTFOLIO SALE AND INCLUDES 5 BUILDINGS (118 TOTAL UNITS): (1) 8100-8110 S Paulina St, Chicago IL 60620, (2) 8200 S Paulina St, Chicago IL 60620, (3) 8102 S Maryland Ave, Chicago IL 60619, (4) 7157 S Yale Ave, Chicago IL 60621, (5) 7849 S Escanaba Ave, Chicago IL 60617.****** /// 8102 S Maryland Ave is a 26-unit building in Chicago's southwest Chatham neighborhood. This building is comprised of twenty-six (26) one bed/one bath units. Building is partially occupied with tenants but may require some light/moderate rehab. Built in 1930 and boasting 25,184 sq ft of space, 8102 S Maryland Ave offers a unique investment opportunity to contribute to the revitalization of the Chatham neighborhood.

Listing Agent

  1. Steve Kehoe

    Steve Kehoe

    Listing Agent

    Compass

Property Details for 8102 South Maryland Avenue

Area
CHI - Chatham
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 03/25/2024 12:06 AM

Property Details for 8102 South Maryland Avenue

StatusActive
MLS #12007552
Days on Market64
Taxes$25,577 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Courtyard
Year Built1930
Lot Size0.23 AC / 10,062 SF
CountyCook County

Location

Add your commute

Building Information for 8102 South Maryland Avenue

Stories-Residences26Year Built1930Building Size-Lot Size0.23 AC / 10,062 SF

Payment Calculator

$32,147 per month

30 year fixed, 7.25% Interest

Principal and Interest

$30,016

Property Taxes

$2,131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8102 South Maryland Avenue

General Information
Location and General Information
  • Information: REO/Lender Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Other
  • Num of Baths: 26.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Courtyard
  • Lot Dimensions: 10062
  • Lot Size Square Feet: 10062.0
  • Stories: 4
  • Building Area Total: 25184
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 26
Income & Expenses
  • Electric Expense: $1,500.00
  • Fuel Expense: $23,400.00
  • Gross Income: $319,800.00
  • Gross Scheduled Income: $319,800.00
  • Insurance Expense: $7,700.00
  • Maintenance Expense: $11,000.00
  • Manager Expense: $15,990.00
  • Electric Expense Source: Broker Projection
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 3690
  • Manager Expense Source: BP
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 26650
  • Water Expense Source: Broker Projection
  • Net Operating Income: $218,543.00
  • Operating Expense: $75,680.00
  • Other Expense: $.00
  • Trash Expense: $2,500.00
  • Water Sewer Expense: $9,900.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 26
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 8102 South Maryland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8102 South Maryland Avenue

Taxable ValueLand$9,055Additions$118,139Total$127,194
Tax Record2022$26,162 ($2,180 / month)
Home Facts
Stories3Lot Size10,062 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyCOOKAPN20-35-114-014

Schools near 8102 South Maryland Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - K to 7
Rating
School
Distance
Ashe Elementary School
PublicPK to 8

Hirsch Metropolitan High School
Public9 to 12

CICS Avalon
CharterK to 8

Mcdade Elementary Classical School
PublicK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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8102 South Maryland Avenue is a multi-family home for sale in Chicago, IL 60619. This property was listed for sale on March 19, 2024 by Compass, it's currently listed at $5,500,000. It has been on the market for a total of 64 days and was last sold on May 19, 2021. This listing's school district is City Of Chicago School District 299. Nearby schools include Ashe Elementary School, Hirsch Metropolitan High School and CICS Avalon. 8102 South Maryland Avenue is a 26-bed, 26-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.