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3248 W Maypole Avenue Chicago, IL 60624 Multi Unit - Multiple Active

  • 3248 W Maypole Avenue, Chicago, IL 60624 Main Photo

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Description

Investor Opportunity or Own in Chicago and have your tenants cover your mortgage!! This beautiful solid brick 2-unit building with a distinctive lighthouse-style facade is rich in character and loaded with income potential, offering a total of 7 bedrooms and 5 bathrooms across multiple levels and located in East Garfield Park!! The spacious first-floor duplex features 4 bedrooms (2 on the main level and 2 lower level), including two primary suites with en suite bathrooms, one on each level. The attached lower level (duplex) also includes a kitchenette, ideal for related living or added flexibility. There is potential to convert the duplex back into a separate garden apt, creating a true 3-unit income-producing property. The second-floor unit showcases a striking cathedral dome ceiling and an open-concept layout with 2 bedrooms, including a primary suite with a private en suite bath. This incrediable opportuity gets even better it also Includes an extra BUILDABLE LOT 25X125!!! Keep it as a yard or you could build whole other building for more income potential.. Possibilities are endless! Recent improvements include interior updates, a newer roof (tear-off), gutters, furnaces, tuckpointing, and a newer garage providing added value and peace of mind. Each unit features separate utilities, with tenants responsible for their own usage, enhancing efficiency and appeal for investors. Ideally located near the Kedzie Green Line, I-290, and just minutes from downtown Chicago, this property offers both convenience and strong rental demand-plus the benefit of low taxes. Whether you're looking to house hack or expand your investment portfolio, this property delivers both lifestyle and long-term value. Don't miss this opportunity!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 7
Bathrooms: 5
County: Cook
Listed By:
Realty Executives Premier Illinois 630-668-1199
MRED MLS
$620,000
Est. $3,978/mo
7beds
5baths
2cars
Active
BEDS7 BATHS5 full MLS#12620644
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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3248 W Maypole Avenue, Chicago, IL 60624.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $620,000$620,000$620,000
Down Payment $124,000$21,700$155,000
Monthly Mortgage Amount $2,934$3,650$3,769
Taxes $863$863$863
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$273$0
Monthly Estimated Total $3,978$4,967$4,813

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