Closed

$450,000

1541 Maplewood Avenue, Chicago, IL 60622
4 Beds2 Baths24 days
1541 Maplewood Avenue·Chicago, IL 60622
4Bedrooms
2Bathrooms
1963Year Built
About This Home

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.

MLS# 12397398Listed September 10, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms10

Size & Structure

Year Built1963
Lot Size25X125

Location

CountyCook
TownshipNorth Chicago
Zip Code60622

Financial

List Price$450,000
Annual Taxes (2023)$10,514
Monthly Tax Est.$876
Parcel #16012050130000
Interior Features

Heating

Natural GasForced Air

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Other

Water Source

Public

Parking

Off AlleyYesOwned
HOA & Community

Community Features

ClubhouseParkTennis Court(s)Lake
Tax & Financial
Annual Taxes
$10,514
Tax Year 2023
Monthly Tax Est.
$876
per month
Property Location

1541 Maplewood Avenue, Chicago, IL 60622 — Cook County

$450,000
1541 Maplewood Avenue
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
24 days on market
25X125
$10,514/yr taxes
$3,241
estimated monthly payment
Principal & Interest
$2,365/mo
Property Tax
$876/mo
$450,000
20% — $90,000
3%50%
6.875%
3%12%
Loan Amount
$360,000
Down Payment
$90,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Berkshire Hathaway HomeServices Chicago
Agent: Tabitha Murphy
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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