837 N Maplewood Avenue

Chicago, Illinois 60622

Irene Haddad

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Square Footage

Property Type
Multiple Family
West Town

Very rare find. Legal 5-unit w 3-flat front building (+ basement) + 2-flat coach house. Oversized 34' x 126' lot. Fantastic location on quiet, one way street just N of Smith Park in Ukrainian Village West. Building is long term owner in excellent upgraded condition and impeccably maintained. All mechanicals (GFA, AC, water heater) 10 years/newer. Roof /windows 10 years. Tuckpointing/masonry solid. Literally nothing to rehab here. Easy rental/area and as "armchair" as it gets. Current rents of $4600/mo well below conservative market rents of $6000/mo+ At list price 25% down market rents creates a 7% cap rate and $1700/mo =$20k/Yr = 10% cash on cash return before vacancy and repair. Not bad numbers at all for this hot part of town. Projected $1 million property in 5-10 yrs. As a bonus, there is an in law room/bath + laundry room in the basement, which is high/dry, plenty of storage and 1 car parking pad in the back. Exceptional investment or owner-occupied "compound". Very Low taxes!!!!!

Full Features
Exterior Type: Brick,Stone
Basement: Partially Finished,Exterior Access
Pool: No
Square Feet: 4,248
Tax Amount: $7,649
Built: 1904
Parking Spaces: 1
Cooling System: Central Air,Central Individual
Stories: 3
Roof: Rubber
Current Use: Residential-Multi-Family
Potential Use: Condominium, Residential-Multi-Family
Zoning: MULTI
Building Square Feet: 4,248
Current Net Income: $43,200
Unit 1: 6 room(s) / 3 bed(s) / 1 bath(s)
Unit 2: 3 room(s) / 1 bed(s) / 1 bath(s)
School District(s): No Data Available

Taxes & Assessments
Taxes: $7,649

Listing Office: Exit Strategy Realty

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West Town photo

West Town

Comprised of several distinct Chicago neighborhoods northwest of the Loop, West Town is a thriving community that has experienced extensive development over the last decade. The community includes the neighborhoods of Wicker Park, Ukrainian Village, East Village, River West, Fulton…

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CTA Rail

at California (0.93 miles away)

Milwaukee District North, North Central Service, Milwaukee District West, Union Pacific West, Union Pacific North, Union Pacific Northwest, BNSF Railway, Heritage Corridor, Southwest Service

at Western Ave Metra (0.55 miles away), Western, Kedzie, Clybourn Metra and others

837 N Maplewood Avenue Chicago, Illinois 60622 is a multiple family property, which sold for $742,500. Want to learn more about 837 N Maplewood Avenue Chicago, Illinois 60622? Contact an @properties agent to request more info.

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