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7340 S Maryland Avenue, Chicago, IL 60619

Cook County

Key Facts

7Beds
2Baths
1893Year Built

Description

ZONING NOTICE: City of Chicago Certificate of Zoning Compliance (June 2026) certifies this property as 1 dwelling unit. Property is physically configured as a 2-flat. Buyer is responsible for all zoning verification, due diligence, and determination of legal use prior to closing. INVESTOR OPPORTUNITY - VACANT 2-FLAT IN GRAND CROSSING. This 1893 frame 2-flat sits on a 27x125 lot with 1,877 sq ft across two units and a full basement. Vacant - buyer takes possession at close, no tenant displacement. 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 luxury vinyl plank flooring, updated kitchen cabinetry with granite-style countertops, and a refreshed bathroom with tile surround. Second unit and basement are ready for full rehab. Rear deck with alley access. Located near I-90 and Grand Crossing Park with access to public transit and South Side arterials.

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Year Built

1893

Lot Dimensions

3,375 sq ft

Ownership

Fee Simple

Days on Market

98

MLS® Listing#

12615307

Property Features

Heating:
Natural Gas
Basement:
None
Construction:
Frame
Sewer:
Public Sewer

HOA & Tax

Annual Tax:
$1,199 (2023)
Parcel #:
20261150210000

Directions

N/S on Maryland Ave to subject

Affordability Calculator

$30,940

Estimated monthly payment

$823/mo

Principal $123,760 · Est. interest $172,656 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Chicago, IL

$389,939
Median Listing Price
45
Median Days on Market
1,444
Median Sq Ft
$273
Median Price / Sq Ft
4,582
Active Listings
  • This home’s price is 60% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.

Location

  • 7340 S Maryland Avenue, Chicago, IL 60619

Nearby Schools

  • Tanner Elementary School

    Elementary · 0.1 mi away

  • Gary Comer College Prep

    School · 0.3 mi away

  • Chicago Public Schools

    Elementary · 0.3 mi away

  • Hirsch Metropolitan High School

    Secondary · 0.5 mi away

  • Park Manor Elementary School

    Elementary · 0.5 mi away

  • New Concept School

    School · 0.6 mi away

  • Betty Shabazz International Charter School

    Elementary · 0.6 mi away

  • St Dorothy's School

    School · 0.7 mi away

  • Chicago Public Schools

    Elementary · 0.7 mi away

  • St Paul Lutheran School

    School · 0.8 mi away

  • James Wadsworth Elementary School

    Elementary · 0.9 mi away

  • Chicago Public Schools

    Elementary · 0.9 mi away

  • Deneen Elementary School

    Elementary · 1.0 mi away

  • Chicago Sda Academy

    School · 1.0 mi away

  • McCosh Elementary School

    Elementary · 1.0 mi away

  • Muhammad Univ

    School · 1.0 mi away

  • Woodlawn Community School

    Elementary · 1.0 mi away

  • Tesla Alternative High School

    Secondary · 1.0 mi away

  • Master's Academy

    School · 1.1 mi away

  • Chicago Public Schools

    Elementary · 1.1 mi away

Commute Calculator

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Listing Courtesy: Manifest Homes Corporation - 7088139059

Based on information submitted to the MLS GRID as of 2026-04-09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-04-09

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Mainstreet Organization of Realtors. MLS® Listing#12615307. © 2026EXIT Realty®. All rights reserved.