8038 S Maryland Avenue

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Address: 8038 S Maryland Ave, Chicago, IL 60619, USA
Chicago & Midwest + Apartment Buildings
Created date: September 4, 2026
Date last updated: September 28, 2026
Price: $379,900Investment Analyzer NEW!

Property Description

Money-making brick three-unit investment opportunity with full basement and three-car garage! This solid, income-producing property features three spacious units, each offering two bedrooms and one full bathroom. Each unit has individual furnaces and water heaters, with tenants responsible for their own gas and electric-an attractive setup for operating efficiency. The full unfinished basement provides additional storage and future value-add potential, while the three-car garage adds valuable off-street parking. Perfect for investors seeking existing cash flow or an owner-occupant looking to house hack by living in one unit while generating income from the others. Unit 1 is currently month-to-month, offering added flexibility for an owner-occupant. Income-producing, well-positioned, and ready for its next owner-don't miss this Chatham opportunity!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $379,900
Year Built: 1923
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 3
Address: 8038 S Maryland Avenue, Chicago, IL 60619, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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