Back 6628 South Maryland Avenue
Off Market

6628 South Maryland Avenue

Chicago IL 60637

7
2
Multi-Family
Last sold for $439,000
Richard LomaxRichard Lomax, last sold this property on 24 February 2023 after 217 days on market.

Overview

Checkout this Homeowner or Investor 2 Unit Opportunity in the HOT Woodlawn area!! The 1st Floor DUPLEXED unit is updated with all new mechanicals and awaits your creative touches. This unit can be updated with your designer homeowner/investor touches to create a luxury unit with space comparable to that of a single-family residence. With this 1st unit updates applied, the owner/investor will easily have 100k+ in equity and a value of 650k. The second-floor unit has been fully renovated with a long-term tenant. Second floor tenant would like to extend their lease. This building is ideal for an investor targeting an easy 100k profit or homeowner looking to live in an over a half million dollar Woodlawn home while paying a quarter million mortgage. Don't miss out!!!

Features

7 bedrooms
2 carspaces
Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 6628 South Maryland Avenue is $427.5k.

Median value
$427.5k
Estimated value range
$118k - $755k
Median days on market
19
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 6628 South Maryland Avenue

2023
Sold
$439,000
24 Feb 2023 by Richard Lomax, of Fulton Grace Realty

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 7 bedroom multi families in Chicago

In the last 12 months, 18 seven-bedroom multi families similar to 6628 South Maryland Avenue, have been sold.

This represents a 20% decrease in seven-bedroom multi families sales when compared to the previous 12 months.

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