3834 W Maypole Avenue
Chicago, IL 60624

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $365,000
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About this home

Investment opportunity awaits with this well-maintained, three-unit brick building. The first floor features a 2-bedroom, 1-bath unit currently occupied by a Section 8 tenant paying $1, 286 per month, ensuring a steady income stream. On the second floor, you'll find a 3-bedroom, 1-bath unit also currently rented to a Section 8 tenant at $1, 470 per month. The third floor boasts a move-in ready 3-bedroom, 1-bath unit, ready for either occupancy or additional rental income. Each unit has separate utilities and gas forced air, making management a breeze. This property offers a great investment opportunity with multiple income options - whether you choose to occupy and collect rent from the first two floors or rent out all units. Don't miss out on this prime investment property!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age Unknown
3 Bedroom Unit in Building Yes
Parking Total 3
Exterior Building Type Brick
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2015
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Garfield Park
Zoning Type MULTI
Corporate Limits Chicago
Directions Harlem to Maypole to property
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Electric, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Partially Finished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 17
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1286
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1470
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 3
Property / Lot Details
Lot Dimensions 25X100
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing FHA
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16113060190000
Special Assessments N
Taxes $5,366
Tax Exemptions None
Tax Year 2022
$365,000 Listing Price:
MLS # 11918943
Investment Profile Residential Income
Listing Market Time 70 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 10/27/2023
Year Built
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