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$450,000

Est. payment - /mo

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4 Beds

2 Baths

Active

1541 N Maplewood AVE Chicago, IL 60622

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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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

Listed by Tabitha Murphy of Berkshire Hathaway HomeServices Chicago

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106