7847 S Maryland Avenue, Chicago, IL

$189,000

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About 7847 S Maryland Avenue

Perfectly positioned in a residential neighborhood, use as an apartment upstairs with a business below, or, transform the current commercial space in to residential. Flexible building perfect for investment or personal use. Current use is a condo rental upstairs, hair salon and office (with separate hallway entrance) on first floor. Renters are on a month-to-month, both are long time tenants. Salon pays their electric. Residential unit pays no utilities. Washer/dryer connection in building. Fenced backyard, perfect for entertaining or gardening, with decorative metal fencing at front of building on each side. Detached, oversized garage with extra storage/workshop, in need of cosmetic work. Electric service panel replaced 2025. Roof seal coat in 2018. Ample street parking. Deck 2 years old. Gas cooking in apartment. 1 heater for the building. 1 gas meter to building. Slab foundation, no basement. Salon has 3 plumbing outlets but only 1 is presently being used. Grant money available on this property call Rick S at BMO Mortgage for more details. This property IS located inside an Opportunity Zone, see attached picture.

Features of 7847 S Maryland Avenue

MLS® # 12585115
Price $189,000
Bathrooms 0.00
Year Built 1955
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 7847 S Maryland Avenue
Area CHI - Greater Grand Crossing
City Chicago
County Cook
State IL
Zip Code 60619

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 142
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLaraine Hanson

Listing Map

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