Date
Details
Price
Change
Source
2/27/2026
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
$595,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
Property Description
Exceptional investment opportunity! This well-maintained 6 unit multi-family property offers a total of 10 bedrooms and 6 bathrooms, making it ideal for both long term and short term rental strategies. Each unit features its own kitchen, living room, and dining area, offering comfortable, fully independent living spaces for tenants or guests. The property is equipped with a 24 hour security surveillance system for added peace of mind. Exterior amenities include six dedicated parking spaces for residents and guests. Two units are currently leased, providing immediate, stable income. Three units are operating as active Airbnb rentals, with one unit already secured for 160 rental days. One additional unfinished unit needing rennovations presents an opportunity for updates and added value.
Full Property Details
Full Property Details for 8624 S Maryland Ave
General
- Price: $595,000
- HOA FEE: $40,000
- Taxes: $4,400 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12572665
- Updated: 2/27/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Partially
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s)
Location
- Area: CHI - Chatham
- County: Cook
- Township: Hyde Park
- Driving Directions: 95TH ST TO MARYLAND AVE, NORTH TO PROPERTY
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Building Heat
Utilities
- Trash: 200
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,952
- Current Bldg. Use: Multi-Family
- Year Built: 1959
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,150
- Lot Dimensions: 25 x 125.4
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $40,000
- Insurance Fee: $300
- Operating Expenses: $24,000
- Security Deposit: Alarm Monitored, Fire Extinguisher/s
- Assessment Year: 1959
- Tax Amount: $4,400
- Tax Year: 2024
- Pays Electric: 800
- Pays Trash: 200
Disclosures and Reports
- Property ID: 20353140330000
Listed by Keller Williams Preferred Rlty
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 8624 S Maryland Ave —
Keller Williams Preferred Rlty
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 8624 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 | 0.2 mi |
Harlan Community Academy High School 9652 South Michigan Avenue, Chicago, IL 60628 | 9-12 | 1.7 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 8624 S Maryland Ave
Tax History
Tax History for 8624 S Maryland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,018
3%
$9,564
—
2022
$1,967
2%
$9,564
—
2021
$1,923
12%
$9,564
24%
2020
$1,712
-2%
$7,685
-12%
2019
$1,755
2%
$8,734
—
2018
$1,725
-29%
$8,734
-23%
2017
$2,427
7%
$11,272
—
2016
$2,258
9%
$11,272
—
2015
$2,066
6%
$11,272
7%
2014
$1,957
2%
$10,550
—
2013
$1,919
1%
$10,550
—
2012
$1,893
—
$10,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8624 S Maryland Ave
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 2Total Baths
- 1,066Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,500Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,110Sq. Ft.
- Condo / Townhouse
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,775Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,603Sq. Ft.
Listed by Natalie Carpenter (773) 430-4869
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
8624 S Maryland Avenue, Chicago, IL 60619 (MLS# 12572665) is a Commercial property. 8624 S Maryland Avenue is currently listed for $595,000 and was received on February 27, 2026. Want to learn more about 8624 S Maryland Avenue? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.