8001 S Maryland Avenue
12-unit brick walk-up building located in Chicago's East Chatham neighborhood. The property features a well-balanced unit mix of six (6) one-bedroom / one-bath apartments and six (6) two-bedroom / one-bath apartments, catering to strong and consistent tenant demand in the submarket. The building has undergone significant recent capital improvements, positioning it as a turnkey investment opportunity with meaningful rental upside. Major upgrades include the installation of brand-new Mitsubishi heating and air conditioning minisplit systems in all units (completed in 2025), providing tenants with modern, energy-efficient climate control. Hot water is supplied by two (2) newly installed Rheem Performance 75-gallon natural gas water heaters (150 gallons total), each backed by a 6-year warranty. The roof was replaced approximately six years ago, further reducing near-term capital expenditure concerns. Additional building enhancements include individual electrical panels and a full perimeter security camera system, both newly installed in 2025, improving operational efficiency, safety, and long-term asset performance. This well-maintained East Chatham asset offers a stabilized, low-maintenance property with organic rent growth potential. With modern mechanical systems already in place and strong neighborhood fundamentals, ownership can benefit from a clean, turnkey operation and long-term hold stability.
- Harold's Chicken Shack 800 ft
- Old Chicago Pizza Company 950 ft
- City Life 0.4 mi
- Pepe's Mexican Restaurant 0.4 mi
- Murphy's Lounge 0.5 mi
- The Woodlawn 0.5 mi
- Paradise Grocery 750 ft
- Falcon Fuel 800 ft
- Food Town 950 ft
- Quick Stop Gas & Mini Mart 0.5 mi
- Marathon 0.6 mi
- Citgo 0.7 mi
- Grand Crossing Park 0.4 mi
- Adams Park 0.6 mi
- Dobson Park 0.6 mi
- Avalon Park 0.7 mi
- Sidney Brown Memorial Park 0.8 mi
- Railroad Junction Park 0.8 mi
- Dunkin' 0.9 mi
- Dunkin' 1.0 mi
- Mather’s More Than a Cafe 1.1 mi
- Heritage Cafe 1.3 mi
- Dunkin' 1.3 mi
- Dunkin' 1.4 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12613700