Closed

837 N Maplewood Avenue

Chicago, Illinois 60622


Irene Haddad
312.506.0200

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$742,500


Square Footage
4,248


Property Type
Multiple Family
Neighborhood
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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Nearby Public Transportation

CTA Rail

at California (0.93 miles away)

Metra
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.


© 2019 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.