21
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Listed by Tim Stassi • Dwell One Realty
$1,350,000
Est. payment /mo
8 Beds
Open Sat 12PM-2PM
1431 N Maplewood Avenue Chicago, IL 60622
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Open House
Sat Sep 13, 12:00pm - 2:00pm
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12460750
Bedrooms 8
Year Built 1911
Annual Tax Amount $12,842
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Stunning Greystone 3-Flat with spacious units, a 2-car garage, and strong in-place rental income. Fully updated with new mechanicals, plumbing, and electrical, this turnkey property ensures low maintenance for years ahead. Unit 1 (3BD/2BA Duplex-Down, $3,200/mo) features hardwood floors, a granite/stainless kitchen, private deck, spa-like marble baths, radiant heated concrete floors on the lower level, laundry, and storage. Unit 2 (3BD/1BA, $2,100/mo) offers a sun-filled layout with hardwood floors, a kitchen with breakfast island, formal dining with built-in hutch, updated marble bath, and private deck. Unit 3 (2BD/1BA, $3,200/mo) is bright and modern with granite/stainless kitchen, subway tile backsplash, hardwood floors, built-in hutch, marble bath, and private deck. With $102K annual income, $83K+ NOI, and a six cap rate, this is a rare high-performing addition to any portfolio in one of Chicago's most vibrant neighborhoods. Adjacent 25x125 lot also available for $375K. More photos to follow.
Location
State IL
County Cook
Rooms
Basement Partially Finished, Storage Space, Full
Interior
Heating Natural Gas, Forced Air, Radiant, Sep Heating Systems - 2+
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick,Stone,Limestone
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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