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Active - Other for sale

Chicago, IL

Facts & features

Other Property type
28 days on Beycome
1924 Year built
6,098 sqft Lot size

Why you’ll love it

This is the kind of opportunity serious multifamily investors wait for. 4501 W Maypole Ave is a 13-unit apartment building that benefited from a comprehensive renovation in 2023, with major improvements made throughout the property, including the mechanical systems and apartment interiors. The result is a well-maintained, stabilized asset with modern finishes, reduced capital expenditure needs, and strong long-term investment appeal. The building offers an attractive unit mix of six 2-bedroom apartments and six 1-bedroom apartments, along with a seventh 1-bedroom unit that, to the seller's knowledge, presents a value-add opportunity for the next owner. Whether through optimization or further evaluation, it provides potential upside beyond the property's existing income stream. Current rents are below prevailing market rates for comparable renovated units in the area, providing investors with a clear opportunity to increase revenue over time as leases expire and units naturally turn over. Located in a rapidly evolving West Side neighborhood with convenient access to public transportation, expressways, and everyday amenities, this property is well positioned to benefit from continued neighborhood investment. For investors seeking a quality multifamily asset with stable cash flow, meaningful upside, and long-term appreciation potential, 4501 W Maypole Ave is a compelling addition to any portfolio.

Translating description...

Listings courtesy of Chicagoland Brokers, Inc. as distributed by MLS GRID.

Listed by: Marcus Carter • Chicagoland Brokers, Inc.

Co-listed by: Chicagoland Brokers, Inc.

Source: MRED as distributed by MLS GRID, MLS#: 12787087 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 10:33 AM EST.

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Affordability

$1,040,000$2,160,000
1%20%
0%90%
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Estimated monthly payment

$10,468/mo

  • Mortgage$8,090
  • Property tax$2,378
  • HOA fee
  • Homeowners insurance
Due at closing$1,271,921
Down payment held in escrow$319,980
Closing costs$23,999
beycome credit Est.$31,998

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Chicago

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 10:33am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,599,900 Listed price

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$31,998 Credit back

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