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    4501 W Maypole Ave Chicago, IL 60624

    For Sale
    $1,349,000

    Commercial Sale - Chicago, IL

    Lot size:
    0.14 Acres
    Days on Market:
    165
    Last Refresh:
    Dec 12 at 1:06 pm

    Property Features for 4501 W Maypole Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    16103210070000
    Lot size
    0.14 Acres

    Building Details

    Year built
    1924
    Number of units
    13
    Architectural style
    Other

    Chicagoland Brokers Inc. (773) 745-1000 [email protected]

    Listing agent Marcus Carter (773) 745-1000 License #475166498

    Listing date Jul 1, 2025

    MLS# 12348262 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Multifamily Building - Renovated 2023

    The property at 4501 W Maypole Ave, Chicago, IL 60624 is a 13-unit multifamily building that was completely renovated in 2023. The renovation included rebuilding or replacing everything from mechanical systems to interiors. The building features six 2-bedroom units and seven 1-bedroom units. It is located in a developing area of Chicago, near public transportation, amenities, and community investments. The property sits on a 0.14-acre lot. The building is intended for multifamily residential use and is suitable for investors seeking a stabilized asset.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Clothing Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7382624
    Latitude
    41.8842324

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    FAQs

    What type of property is this?
    Apartment building - Thirteen-unit multifamily building in Chicago, fully renovated in 2023.
    Where is this apartment building located?
    The property is located at 4501 W Maypole Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,349,000.
    What are key features of this property?
    This property features: - Fully renovated in 2023, including mechanicals and interiors, resulting in a modern, low-maintenance building.; - Consists of 13 units: six 2-bedroom units and seven 1-bedroom units, offering broad market appeal and steady occupancy.; - Located in a fast-developing corridor of Chicago with access to public transit, amenities, and community investment.
    (773) 745-1000
    Request Owner's contact information
    4501 W Maypole Ave Chicago, IL 60624
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    Chicago, IL 60624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4501 W Maypole Ave Chicago, IL 60624
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