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$ 450,000
Est. payment /mo
New
1541 N Maplewood AVE Chicago, IL 60622
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12397398
Bedrooms 4
Year Built 1963
Annual Tax Amount $10,514
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Prime Investment or Development Opportunity ready for your customization and renovation close to West Wicker Park/Bucktown! Located in one of Chicago's most vibrant neighborhoods, this two-unit property sits on a standard 25x125 lot and offers endless potential-whether you're looking to renovate, occupy, rent, or redevelop. Each of the two spacious units has its own separate meters, electric panels, and utilities, making this an ideal setup for live-in owners, tenants, or dual rentals. The first-floor unit is nearly move-in ready, offering the opportunity to live comfortably while you renovate the second-floor unit to your specifications. A laundry area is conveniently located at the rear of both units, and the property features abundant storage throughout. With RS-3 zoning, this lot also presents strong development potential-tear down and build new condos or a luxury single-family home in a location where demand remains high. Just steps from CTA transportation, parks, restaurants, boutiques, and nightlife, this property is a rare find in one of Chicago's most walkable and trendy enclaves. Sold as-is. Whether you're a developer, investor, or buyer looking to create your ideal home with supplemental rental income, this is an opportunity not to be missed.
Location
State IL
County Cook
Area Chi - West Town
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Community Features Clubhouse, Park, Tennis Court(s), Lake
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Other
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tabitha Murphy • Berkshire Hathaway HomeServices Chicago
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