1541 North Maplewood Avenue, Chicago, IL

$450,000

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4

Beds

2

Baths

About 1541 North Maplewood Avenue

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.

Features of 1541 North Maplewood Avenue

MLS® # 12397398
Price $450,000
Bedrooms 4
Bathrooms 2.00
Acres 0.00
Year Built 1963
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 1541 North Maplewood Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60622

Amenities

Parking Spaces 2
Parking Off Alley, On Site, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement None

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 32
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway HomeServices Chicago
Contact Info708-848-5550

Listing Map

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