296 N Maple Avenue
Elmhurst, IL, 60126 $ 1,850,000
Bedrooms4 Baths9.3 Sq 3,724 Monthly Estimate*
$ 11,681
for $1,850,000 with 4 bedrooms and 9 full baths, 3 half baths. This 3,724 square foot home was built in 1915.
No other multifamily properties offer this combination of location, design, construction quality, and financial return. Completely rebuilt in 2016, this architecturally distinctive three-unit property also includes a fourth unit in the English basement, providing additional income potential. Occupying a prime location in one of Elmhurst's most desirable residential neighborhoods, the property features luxury finishes, independent mechanical systems, premium building materials, and exceptional tenant amenities. This is a rare opportunity to acquire a truly distinctive, legacy-quality investment asset. Situated on a beautifully landscaped and irrigated oversized 75' x 170' lot in a quiet neighborhood of predominantly single-family homes, the property is ideally located just five blocks from downtown Elmhurst, the Metra commuter station, and Elmhurst University. This highly sought-after location continues to attract quality tenants and supports long-term value appreciation. With approximately 4,700 square feet of living space, the building offers six bedrooms, six full bathrooms, and three powder rooms across three exceptionally appointed residences. Each unit has been designed with a focus on comfort, privacy, and convenience, featuring independent natural gas HVAC systems, dedicated hot water heaters, natural gas fireplaces, in-unit washers and dryers, ensuite bathrooms, front-door communication systems, and dedicated internet and cable distribution hubs. Interior finishes include oak hardwood flooring, select carpeting in bedrooms, granite countertops, custom cabinetry, premium fixtures, and upgrade appliances throughout. Additional features further distinguish the property, including a detached three-car garage with individual access, parking for two vehicles per unit, front and rear secured entry halls, a pergola with natural gas BBQ connection, an automatic snow-melt system serving the front walk and porch, low-maintenance James Hardie fiber-cement siding, Marvin double-hung windows, and solid wood interior doors. Meticulously maintained and thoughtfully improved, this turnkey asset offers investors the rare opportunity to acquire a high-quality multifamily property with exceptional construction, enduring tenant appeal, and strong financial performance in one of Chicago's most desirable suburban communities. Current operating income provides a CAP of 5.45% at the asking price.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 3
Construction Materials Cement Siding
Year Built 1915
Township Addison
Tax Year 2025
Ownership Fee Simple
Community Features Sidewalks
County DuPage
Net Operating Income 97846
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions Via N York St and E North Ave. Head toward W 3rd St. Turn left onto W North Ave. Turn right onto N Maple Ave. Destination will be on the left.
City Elmhurst
High School District 205
MLS Area Elmhurst
Tax Annual Amount 10347.98
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 205
Elementary School District 205
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InteriorBasement Finished Full
Total Bedrooms 4
Total Baths 9
Bedrooms Possible 4
Bathroom Separate Shower Double Sink
Full Baths Building 6
Half Baths Building 3
Total Number of Units 3
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ExteriorParking Features Garage Door Opener Yes Garage Owned Detached Leased Garage
Water Source Public
Total Parking 6
Lot Dimensions 169.9 X 74.3 X 169.9 X 74.3
Waterfront Y/N N
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
kari@thekohlergroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,681
- Monthly Property Taxes
- $862
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Elmhurst, IL
Average List Price $1,850,000
Percent of Sale Price 0%
About Elmhurst, IL 45,089 Population
5% Since 2002
$ 105,995 Median Income
40.92 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
566481 Elementary School
565127 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/10/2026 | $1,850,000 | | Listed Price |