1541 N Maplewood Avenue Chicago, IL $ 450,000
1541 N Maplewood Avenue
$ 450,000
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1541 N Maplewood Avenue

Chicago, IL, 60622
$ 450,000
Bedrooms4 Baths2.0 Sq 1,895

Monthly Estimate*

$ 2,807

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Multi-Family Home for sale in Chicago, IL

for $450,000 with 4 bedrooms and 2 full baths. This 1,895 square foot home was built in 1963.

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 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.

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Multi-Family Contingent

Price

$ 450,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 10,514

Style

Year Built

1963

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12397398

Features
General
Sewer Other
Heating Natural Gas Forced Air
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1963
Township North Chicago
Tax Year 2023
Ownership Fee Simple
Community Features Clubhouse Park Tennis Court(s) Lake
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 10
Status Contingent
Directions SOUTH BOUND ST NORTH TO MAPLEWOOD TO PROPERTY
City Chicago
High School District 299
MLS Area CHI - West Town
Tax Annual Amount 10514.46
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 4
Room Type Utility Room-1st Floor
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley Yes Owned
Water Source Public
Total Parking 2
Lot Dimensions 25X125
Waterfront Y/N N
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

tabitha@theatmteam.com

Email

Affordability Calculator

$3,684
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$876
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2025$450,000 Listed Price

Map


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1541 N Maplewood Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $450,000 with 1,895 sqft. 1541 N Maplewood Avenue has 4 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 60622 which is in Chicago, IL