7847 S Maryland Avenue, Chicago, IL 60619
Cook County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1955
Stories
2
Living Area
1,628 sq ft
Lot Size
3,125 sq ft
Lot Dimensions
25X125
Zoning
COMMR
Days on Market
111
MLS® Listing#
12585115
Property Features
Cooling
Flooring
Construction
Utilities
Financial Details
Annual Taxes
$1,585
Tax year 2024
Parcel Number
20263180150000
Directions
79TH ST TO MARYLAND, N TO ADDRESS, MARYLAND E OF COTTAGE
Affordability Calculator
$37,800
Estimated monthly payment
$1,006/mo
Principal $151,200 · Est. interest $210,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $387,475
- Median Listing Price
- 32
- Median Days on Market
- 1,406
- Median Sq Ft
- $283
- Median Price / Sq Ft
- 4,255
- Active Listings
- This home’s price is 51% below the area median.
- Its price per sq ft is 59% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Hirsch Metropolitan High School
Secondary · 0.2 mi away
New Concept School
School · 0.2 mi away
Betty Shabazz International Charter School
Elementary · 0.2 mi away
St Dorothy's School
School · 0.5 mi away
Tanner Elementary School
Elementary · 0.6 mi away
Chicago Public Schools
Elementary · 0.7 mi away
Dixon Elementary School
Elementary · 0.7 mi away
Chicago Public Schools
Elementary · 0.7 mi away
St Paul Lutheran School
School · 0.7 mi away
John T Pirie Fine Arts and Academic Center
School · 0.8 mi away
Arthur Ashe Junior Elememtary School
Elementary · 0.8 mi away
Chicago Public Schools
Elementary · 0.9 mi away
Chicago Public Schools
Elementary · 0.9 mi away
Gary Comer College Prep
School · 0.9 mi away
Cics Avalon
Elementary · 1.0 mi away
Jump smart Early Learning Academy
School · 1.1 mi away
Park Manor Elementary School
Elementary · 1.1 mi away
Muhammad Univ
School · 1.2 mi away
Neil Elementary School
Elementary · 1.2 mi away
Deneen Elementary School
Elementary · 1.3 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1755 E 55th Street 1202, Chicago, IL | $132,500 | 1 | 1 | 1,000 |
| 1333 W 71ST Street, Chicago, IL | $133,300 | 5 | 2 | 1,600 |
| 2605 S Indiana Avenue 1208, Chicago, IL | $134,500 | 1 | 1 | 727 |
| 7122 S Champlain Avenue, Chicago, IL | $134,900 | 5 | 2 | 2,090 |
| 12559 S Michigan Avenue, Chicago, IL | $134,900 | 3 | 2 | 1,100 |
| 543 E 60TH Street 4, Chicago, IL | $134,900 | 2 | 1 | 950 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Laraine Hanson - 6309354955
Last Updated: 2026-03-05