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Updated Two-Flat Residential Income
For Sale
Contact for pricing
Pending

4018 N Maplewood Avenue, Chicago, IL 60618

Two updated units offer separate layouts, in-unit laundry, and updated kitchens and baths within a 2-car garage property.

Property SizeContact for details
Days on Market244

Property Features for 4018 N Maplewood Avenue

General Information

Standard status Pending
Property subtype Multifamily
Zoning MULTI

Building Details

Year Built 1931
Listing Agency: Baird & Warner North Center
Listed By: Bucky Cross · License #475.135960
Source: Crexi
Added: Jan 6 Changed: Aug 8 Last Checked: Jul 24 at 5:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner North Center

Investment Insights

Based on property information with market context.

This beautifully updated two-flat includes two separate residences with in-unit laundry. The first-floor duplex down offers a 3-bedroom, 2-bath layout, while the second floor features a 2-bedroom, 1-bath simplex arrangement. Both units have retained original charm while receiving renovations that include new kitchens with custom cabinets, stone countertops, and stainless steel appliances, along with renovated baths. Additional updates noted include new ductwork and newer furnace and A/C units.

The property sits on an oversized 31 x 116 lot on a tree-lined street and includes a sizable back yard. Off-street parking is available with a 2-car garage plus an additional parking pad.

Both units are tenant occupied and currently on month-to-month leases, providing a turnkey setup for an investor seeking established income within a recently renovated building.

Key Highlights

  • Updated 2‑flat built in 1931 on an oversized 31x116 lot on a tree‑lined North Center street
  • 2018 renovation; both units updated with new kitchens (custom cabinets, stone countertops, stainless steel appliances)
  • 1st‑floor duplex: 3 bed/2 bath unit (duplex down) with in‑unit laundry

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Restaurant Nursing Home Home Appliance Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,106
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated units offer separate layouts, in-unit laundry, and updated kitchens and baths within a 2-car garage property.
Where is this duplex located?
The property is located at 4018 N Maplewood Avenue Chicago, IL.
What are key features of this property?
This property features: Updated 2‑flat built in 1931 on an oversized 31x116 lot on a tree‑lined North Center street; 2018 renovation; both units updated with new kitchens (custom cabinets, stone countertops, stainless steel appliances); 1st‑floor duplex: 3 bed/2 bath unit (duplex down) with in‑unit laundry
(773) 848-1719 Call to check price and availability
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