1541 N Maplewood AVE Chicago, IL 60622 New

UPDATED: 09/10/2025 09:13 PM ON MARKET: 2 days on market

$450,000

4 Beds2 Baths

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.


Listed by Tabitha Murphy • Berkshire Hathaway HomeServices Chicago