7340 S Maryland Avenue, Chicago, IL

$164,700

Overview

  • 612718
  • Property ID
  • Updated On:
  • April 30, 2026
  • 7
  • Bedrooms
  • 2
  • Bathrooms

Description

INVESTOR OPPORTUNITY – VACANT 2-FLAT IN GRAND CROSSING Investor opportunity in Chicago’s Grand Crossing neighborhood. This 1893 frame 2-flat sits on a 27×125 lot and offers 1,877 square feet across two units with a full basement. Vacant – buyer takes possession at close, no tenant displacement. The property requires complete mechanical installation – buyer to install HVAC, plumbing supply/waste connections, water heater, and electrical service across both units. One unit shows partial cosmetic updates including new luxury vinyl plank flooring, updated kitchen cabinetry with granite-style countertops, and a refreshed bathroom with tile surround – giving a rehabber a head start on finishes. The second unit and basement are ready for full rehab. Rear deck with alley access. Located near the I-90 Expressway and Grand Crossing Park, with access to public transportation and South Side arterials. FINANCING: Listing agent is a dual-licensed Real Estate Broker AND Mortgage Loan Officer (NMLS #2514797). Renovation financing available – Fix & Flip, DSCR Renovation, and Conventional Renovation. Contact listing agent for financing details. Property is sold strictly AS-IS. Seller will make no repairs and provide no credits. No survey will be provided. Buyer is responsible for all inspections, due diligence, verification of property details, mechanical scope, and determination of condition prior to closing.

Bathrooms
2
Bedrooms
5+
Climate Control
Heating
Other Features
Frame
Lake Michigan
Natural Gas
Public Sewer

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$844.45
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 638.57

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Information for the property at 7340 S Maryland Avenue, Chicago, IL, 60619 (Property ID: 612718) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi