$176,000
$195,000Perfectly 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 Maryland Avenue, Chicago, IL 60619 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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