7847 S Maryland Avenue, Chicago, IL
  • $189,000
  • $195,000

Description

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.

  • Listing Courtesy of: Laraine Hanson

Details

Updated on June 27, 2026 at 6:54 pm
  • Property ID MRD12581975
  • Price $189,000
  • Bedrooms 3
  • Garages 2
  • Year Built 1955
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 20263180150000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 115
  • Cumulative Days On Market 112
  • Tax Annual Amount 1567
  • Heating Natural Gas,Forced Air
  • Parking Features No Garage,Yes,Detached,Garage
  • Directions 79TH ST TO MARYLAND, N TO ADDRESS, MARYLAND E OF COTTAGE
  • Address 7847 S Maryland Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60619
  • Country United States

Overview

Property ID: MRD12581975
  • Multi Family
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Garages
  • 1955
  • Year Built

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%