7954 S Maryland Avenue, Chicago, IL

$600,000

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About 7954 S Maryland Avenue

Rare chance to acquire a fully vacant 17-unit building in Chicago's Chatham neighborhood at $600K, roughly $35K/unit. Property requires a complete gut rehab, giving an investor total control over unit mix, finishes, and systems from day one. Location is a major draw: steps to Cottage Grove Ave, minutes to the Dan Ryan Expressway for fast downtown access, and close to Metra and CTA Red Line service for tenants commuting citywide. The 79th Street retail corridor and neighborhood staples like Dat Donut and Harold's Chicken Shack are nearby, along with Avalon Park and Hamilton Park for green space. Chicago State University sits just a few minutes away, adding to steady rental demand in the area. Chatham remains one of the South Side's most stable multifamily submarkets, with strong owner-occupant pride and consistent rental demand. This is a ground-up repositioning play for an investor looking to build a fully renovated, high-cash-flow asset from scratch. Bring your contractor and your vision, this one's ready to be rebuilt from the studs up.

Features of 7954 S Maryland Avenue

MLS® # 12711631
Price $600,000
Bathrooms 0.00
Year Built 1924
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 7954 S Maryland Avenue
Area CHI - Chatham
City Chicago
County Cook
State IL
Zip Code 60619

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Days on Market 9
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office33 Realty

Listing Map

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