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Listing provided courtesy of Laraine HansonMREDas Distributed by MLSGrid- MLS# 12581975MLS Provider

7847 S Maryland AvenueChicago, IL 60619

Multi-Family · 3 Beds
$189,000 Active

7847 S Maryland Avenue Overview

Time on Site:
116 days
Visits:
0

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.

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7847 S Maryland Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Income/Expenses

  • Electric Expense: 150
  • Fuel Expense: 200
  • Insurance Expense: 173
  • Water Sewer Expense: 75

Building Information

  • New Construction: No
  • Year Built: 1955

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Greater Grand Crossing
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $1,567.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20263180150000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 1
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bedrooms Possible: 3
  • Full Baths Building: 1

General Information

  • Basement: None
  • Heating: Natural Gas, Forced Air
  • Other Equipment: Ceiling Fan(s)
  • Rooms Total: 8

Exterior

Parking Information

  • Parking Features: No Garage, Yes, Detached, Garage
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0
  • Lot Size Dimensions: 25X130
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Other Structures: Garage(s)
  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 649
  • Beds Total: 0
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 910
  • Beds Total: 3
  • Baths Total: 1

7847 S Maryland Avenue Neighborhood

Community

60619 (CHICAGO) Demographics

42
Median Age
10,192
Population Density (per sq. mile)
35%
College Educated
$40,762
Estimated Median Income
12,181
Estimated Total Home Owners
15,093
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7847 S Maryland Avenue Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7847 S Maryland Avenue Market Data

Based on the last 30 days in this zip code

$215,577
Average List Price
$140
Average Price per Square Foot
34
Properties Sold
82
Average Days on Market
178
Properties for Sale
Calculations provided by Reliance Network

7847 S Maryland Avenue History

Date Event Value Agent
6/16/2026Source: MRED Status Change
Active
6/16/2026Source: MRED Status Change
Active
6/11/2026Source: MRED Status Change
Re-activated
6/11/2026Source: MRED Status Change
Re-activated
5/27/2026Source: MRED Status Change
Contingent
5/27/2026Source: MRED Status Change
Contingent
5/25/2026Source: MRED Status Change
Active
5/25/2026Source: MRED Status Change
Active
5/20/2026Source: MRED Price Reduction
$189,000 -3.1%
5/20/2026Source: MRED Price Reduction
$189,000 -3.1%
5/20/2026Source: MRED Status Change
Price Change
5/20/2026Source: MRED Status Change
Price Change
3/22/2026Source: MRED Status Change
Active
3/22/2026Source: MRED Status Change
Active
3/17/2026Source: MRED Status Change
Re-activated
3/17/2026Source: MRED Status Change
Re-activated
3/14/2026Source: MRED Status Change
Contingent
3/14/2026Source: MRED Status Change
Contingent
3/10/2026Source: MRED Status Change
Active
3/10/2026Source: MRED Status Change
Active
3/5/2026Source: MRED Added to Database
March 05, 2026
3/5/2026Source: MRED Added to Database
March 05, 2026