Chatham Apartments 8000-8012 S Maryland Ave Immeuble residentiel 39 lots 2 288 222 € (58 672 €/Lot) Taux de capitalisation 8 % Chicago, IL 60619

Kiser Group is pleased to exclusively present for purchase 8000 S. Maryland, a 39-unit courtyard located in Chicago’s East Chatham neighborhood. The property is tucked away on a quiet, tree-lined street and is within walking distance to Grand Crossing Park. Additionally, the property sits just a few blocks away from the 79th and Chatham Metra station providing tenants quick and easy access to downtown Chicago via train.
8000 S. Maryland is comprised of 39 total units, made up of nine (9) Studios, nine (9) 1b/1ba, and twenty-one (21) 2b/1ba units. All of the units have spacious layouts with hardwood flooring throughout. Additionally, the building consists of all copper plumbing, modern Weil McClain Boiler (2024) with R&D control system, newer hot water tanks, and an on-site laundry facility.
8000 S. Maryland presents an investor an incredible opportunity to acquire a stabilized, cash-flowing asset in Chicago’s Chatham neighborhood. With the current operation from day one, an investor will realize a 8% cap rate and a 9.26% cash return. By increasing rent already achieved in the area, an investor can achieve a cap rate of 12.18% and a 25.97% cash return.