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13-Unit Apartment Building
New
For Sale
$1,599,900

4501 W Maypole Avenue, Chicago, IL 60624

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market2

Property Features for 4501 W Maypole Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 19
Bathrooms 18
Full bathrooms 18
Rooms Bathroom 4, Bedroom 6, Bathroom 1, Bedroom 7, Bathroom 2, Bathroom 12, Bedroom 10, Bedroom 8, Bathroom 15, Bedroom 17, Bathroom 3, Bathroom 11, Bedroom 18, Bedroom 11, Bedroom 19, Bathroom 7, Bathroom 16, Bedroom 5, Bathroom 18, Bathroom 5, Bedroom 13, Bathroom 14, Basement, Bathroom 17, Bedroom 9, Bedroom 3, Bedroom 4, Bathroom 9, Bathroom 6, Bedroom 2, Bedroom 1, Bathroom 8, Bathroom 10, Bedroom 14, Bathroom 13, Bedroom 15, Bedroom 16, Bedroom 12
Basement Partially Finished
Directions Take I-290 to W Congress Pkwy. Take exit 25 from I-290 W. Take exit 25 toward Kostner Ave/4400 W. Take S Kostner Ave and N Kilbourn Ave to W Maypole Ave
Subdivision CHI - West Garfield Park
Standard status Active
APN 16103210070000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 28534

Building Details

Year built 1924
Floors in Building 3
Number of units 13
Building materials Brick
Listing Agency: Chicagoland Brokers, Inc.
Listed By: Marcus Carter · License #475166498
Added: Oct 16 Last Checked: Oct 17 at 1:06AM
MLS# 12787087

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.

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Investment Insights

Based on property information with market context.

This 13-unit apartment building in Chicago is brick construction and dates to 1924. A comprehensive renovation completed in 2023 included work to the mechanical systems and apartment interiors.

The unit mix comprises six 2-bedroom apartments and seven 1-bedroom apartments. The property occupies a 0.14-acre lot and is zoned MULTI.

Key Highlights

  • Renovated in 2023, including mechanical systems and apartment interiors
  • 13 apartments: six 2‑bedroom units and seven 1‑bedroom units
  • 0.14‑acre lot

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store

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

Lease Details

13
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,024
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A 2023 renovation updated the building’s mechanical systems and apartment interiors.
Where is this apartment building located?
The property is located at 4501 W Maypole Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,599,900.
What are key features of this property?
This property features: Renovated in 2023, including mechanical systems and apartment interiors; 13 apartments: six 2‑bedroom units and seven 1‑bedroom units; 0.14‑acre lot
More about this property
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