1541 Maplewood Avenue, West Town, Chicago, Illinois 60622
$450,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1963 |
| Property Taxes: | $10,514 |
| Days On Market: | 53 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Multi-unit | |
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| — | |
| 1963 | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| 12397398 | |
| 16012050130000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Sep, 2011 | Sold | $179,400 | MRED MLS |
| 26 Aug, 2011 | Under contract | $195,000 | MRED MLS |
| 28 Jul, 2011 | Listed for sale | $195,000 | MRED MLS |
| 12 Apr, 2018 | Sold | $373,500 | MRED MLS |
| 7 Mar, 2018 | Under contract | $389,900 | MRED MLS |
| — | Last price change | $399,900 | MRED MLS |
| 6 Feb, 2018 | Listed for sale | $399,900 | MRED MLS |
| 3 Oct, 2025 | Under contract | $450,000 | MRED MLS |
| 10 Sep, 2025 | Listed for sale | $450,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 25X125 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2011 | $4,031 |
| 2018 | $6,161 |
| 2025 | $10,514 |
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Listing Provided By
Berkshire Hathaway HomeServices Chicago
