$ 1,250,000 $ 1,350,000 7.4%

1431 N Maplewood AVE

Chicago, IL 60622

  • 8 Beds
  • 4 Baths
  • 1911 Year Built
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, $85K+ 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. Sold As-Is.
Listed by Tim Stassi of Dwell One Realty , Sold By Panan Tense of Kale Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $1,250,000

    Property Type Multi-Family

    Sub Type Two to Four Units

    Listing Status Sold

    Purchase Type For Sale

    MLS Listing ID 12460750

    Sold Date 11/04/25

    Bedrooms 8

    Year Built 1911

    Annual Tax Amount $12,842

    Tax Year 2023

    Lot Dimensions 25X125

    Property Sub-Type Two to Four Units

  • Location

    State IL

    County Cook

    Area Chi - West Town

  • Rooms

    Basement Partially Finished, Storage Space, Full

  • Building

    Building Description Brick,Stone,Limestone, Yes

    Sewer Public Sewer

    Water Lake Michigan, Public

    Structure Type Brick,Stone,Limestone

    New Construction false

  • Interior

    Heating Natural Gas, Forced Air, Radiant, Sep Heating Systems - 2+

    Equipment Ceiling Fan(s), Water Heater-Gas

    Fireplace N

  • Exterior

    Exterior Feature Balcony

    Garage Spaces 2.0

  • Schools

    School District 299 , 299, 299

  • Others

    Ownership Fee Simple

    Special Listing Condition List Broker Must Accompany

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