Chicago, IL 60624 4501 W Maypole Avenue

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Presented By: Chicagoland Brokers, Inc.
  • MLS# 12348262
  • 04/28/2025
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  • Beds • 2

Home Details

This is the kind of opportunity serious investors wait for. 4501 W Maypole Ave is a 13-unit multifamily building that underwent a top-to-bottom renovation in 2023-everything from mechanicals to interiors was rebuilt or replaced, transforming this asset into a modern, low-maintenance cash-flow generator. The building combines the durability of solid construction with the appeal of contemporary finishes, positioning it perfectly for long-term appreciation and tenant satisfaction. With six spacious 2-bedroom units and seven efficient 1-bedrooms, the property delivers steady occupancy and broad market appeal. The recent rehab ensures reduced maintenance expenses, stable operations, and strong rent potential from day one. Located in a fast-developing corridor of Chicago, surrounded by public transit, amenities, and community investment, this building checks every box for investors seeking performance and peace of mind. Whether you're scaling your portfolio or securing a long-term, stabilized asset, this one stands out. Turnkey. Fully rehabbed. High demand.
Presented By: Chicagoland Brokers, Inc.

General for 4501 W Maypole Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseMulti-Family
DirectionsTake I-290 to W Congress Pkwy. Take exit 25 from I-290 W. Take exit 25 toward Kostner Ave/4400 W. Take S Kostner Ave and N Kilbourn Ave to W Maypole Ave
ElectricSeparate Meters
Electric Expense1500
Fuel Expense9400
Gross Income185192
Insurance Expense7733
MLS AreaCHI - West Garfield Park
MaintenanceExpense10800
Net Operating Income124392
Number Of Units Total13
Operating Expense60800
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusNew
Stories3
Tax Annual Amount19701.91
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense1200
Water Sewer Expense7100
Year Built1924
ZoningMULTI

Exterior for 4501 W Maypole Avenue

Foundation DetailsConcrete Perimeter
Lot Dimensions6375
Lot Size Acres0.14

Additional Details

Price History

Client Care

Price $1,399,000
MLS#12348262
List Date 04/28/2025
Property Type Multi-Family
Phone 847.485.2500
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