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    5243 S Maplewood Ave Chicago, IL 60632

    Sponsored
    For Sale
    $249,900

    MULTI_FAMILY - Chicago, IL

    Days on Market:
    9
    Last Refresh:
    Jan 10 at 10:06 am

    Property Features for 5243 S Maplewood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 6, Basement, Bedroom 5, Bedroom 2, Bathroom 2
    Bedrooms
    6
    Bathrooms
    3
    APN
    19124130160000
    Basement
    Unfinished, Full

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas

    Building Details

    Building materials
    Aluminum Siding

    RE/MAX MI CASA (773) 767-1616 [email protected]

    Listing agent Maria Castillo (773) 767-1616

    Listing date Jan 2, 2026

    MLS# 12537004 Listing URL

    Copyright © 2026 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

    Gage Park Investment Opportunity

    This three-unit property is located in Chicago's Gage Park neighborhood. The property features a classic 2-flat with two units, each offering 2 bedrooms and 1 bath. Additionally, there is a coach house in the rear with 2 bedrooms and 1 bath. Both buildings have a full attic offering storage space. The property sits on a standard Chicago lot. The front building's second floor and the coach house are currently occupied with long-term tenants on month-to-month leases, providing rental income. The entire first floor has been freshly painted and is move-in ready. Tenants are responsible for their own utilities. The property is conveniently located near parks, schools, shopping, dining, and public transportation, making it suitable for investors looking to expand their portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.687464
    Latitude
    41.797985

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in Chicago's Gage Park neighborhood.
    Where is this triplex located?
    The property is located at 5243 S Maplewood Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - Three-unit building (2-flat + coach house) provides immediate rental income from existing tenants.; - Each unit features 2 bedrooms and 1 bathroom.; - Tenants pay their own utilities.
    (773) 767-1616
    Request Owner's contact information
    5243 S Maplewood Ave Chicago, IL 60632
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    Chicago, IL 60632
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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
    5243 S Maplewood Ave Chicago, IL 60632
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