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7919 S Maryland Ave
Chicago, IL 60619 Chatham

$2,375,000 USD

Apartments For Sale  •  25,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 25,000 SF
  • Lot Size 0.36 AC
  • Building Class C
  • Year Built 1928
  • Zoning RS-3, Chicago
70 Transit Score
90 Walk Score

Highlights

Professional Offering Memorandum Available Upon Request
Stabilized, Cash-Flowing Asset; Investor to Achieve 11.1% Cap Returns on Day One
33/35 Units are Subsidized
12 Units are on a Master Lease with a Subsidized Housing Agency
Opportunity to Add Value by Increasing Currently Below Market Rents
Located 4 Blocks From Metra ME Line 79th St Stop

Amenities

  • Air Conditioning
  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
79Th St. (Chatham) (Metra Electric - Metra) 1 min 8 min 0.4 mi
83Rd St. (Avalon Park) (Metra Electric - Metra) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
Chicago Midway International 20 min - 10.6 mi
Chicago O'Hare International 42 min - 27.7 mi
Robert Berman 312-610-1705 Nara Realty Advisors
Robert Berman 312-610-1705 Nara Realty Advisors