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$245,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 7 days ago
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Nestled in the desirable Chatham neighborhood, this solid yellow-brick three-unit building represents a premier investment opportunity. Each spacious apartment features expansive living and dining rooms bathed in natural light, offering practical layouts that ensure effortless leasing. The property is designed for streamlined management with separate gas and electric meters, alongside individual furnaces for every unit. A full basement with exterior access provides incredible value-add potential for common laundry, tenant storage, or future expansion. Outside, a secure wrought-iron fence encloses the property, while a rear parking pad offers convenient off-street parking with the footprint ready for a future garage. Perfectly positioned near public transit, expressways, and local dining.

Full Property Details for 8216 S Maryland Ave

General

  • Price: $245,000
  • Taxes: $5,183 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12548500
  • Updated: 2/25/2026
  • Added to Site: 48 day(s) ago

Rental Information

  • Complex Features: Gated, Sidewalks, Street Paved

Interior

  • Basement: Partially

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 6

Parking

  • Total Spaces: 2
  • Parking Features: Yes, Owned

Location

  • Area: CHI - Chatham
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: COTTAGE GROVE TO 83rd EAST TO MARYLAND NORTH

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Year Built: 1924
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 31 x 124
  • Fence: Yes
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1924
  • Tax Amount: $5,183.62
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: REO/Lender Owned
  • Property ID: 20351200240000

Listed by GenStone Realty

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— 8216 S Maryland Ave —

  • GenStone Realty

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 8216 S Maryland Ave

School District:Chicago Public School District 299
NameGradesDistance
Ashe Elementary School
8505 South Ingleside Avenue, Chicago, IL 60619
PK-80.4 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8216 S Maryland Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Price Reduced
$245,000
-3.88%
MLS
1/16/2026
Listed
$254,900
-10.56%
MLS
6/28/2022
Sold
$285,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8216 S Maryland Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,642
3%
$21,999
—
2022
$4,525
2%
$21,999
—
2021
$4,424
26%
$21,999
40%
2020
$3,505
-2%
$15,735
-12%
2019
$3,593
2%
$17,881
—
2018
$3,532
-19%
$17,881
-12%
2017
$4,372
7%
$20,309
—
2016
$4,068
9%
$20,309
—
2015
$3,722
13%
$20,309
14%
2014
$3,298
2%
$17,776
—
2013
$3,233
1%
$17,776
—
2012
$3,190
—
$17,776
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8216 S Maryland Avenue, Chicago, IL 60619 (MLS# 12548500) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 8216 S Maryland Avenue is currently listed for $245,000 and was received on January 16, 2026. Want to learn more about 8216 S Maryland Avenue? Do you have questions about finding other Multi-Family real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

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