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$200,000
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Property Description
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
Full Property Details for 8216 S Maryland Ave
General
- Sold For: $200,000
- Taxes: $5,183 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12548500
- Added to Site: 102 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 2
- Parking Features: Yes, Owned
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: COTTAGE GROVE TO 83rd EAST TO MARYLAND NORTH
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Property ID: 20351200240000
Listed by GenStone Realty
Sold by LPT Realty LLC
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Schools
Schools serving 8216 S Maryland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ashe Elementary School 8505 South Ingleside Avenue, Chicago, IL 60619 | PK-8 | 0.4 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8216 S Maryland Ave
Date
Details
Price
Change
Source
4/20/2026
Sold
$200,000
0.05%
MLS
3/06/2026
Price Reduced
$199,900
-18.41%
MLS
2/19/2026
Price Reduced
$245,000
-3.88%
MLS
1/16/2026
Listed
$254,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8216 S Maryland Avenue, Chicago, IL 60619 (MLS# 12548500) is a Multi-Family property that was sold at $200,000 on April 20, 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.

