Renovated Apartment
For Sale
$1,449,000
4501 W Maypole Avenue, Chicago, IL 60624
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.14 Acres
Days on Market25
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
Bedroom 5, Bathroom 12, Bedroom 16, Bathroom 5, Bedroom 17, Bedroom 9, Bedroom 2, Bathroom 15, Bathroom 1, Bedroom 11, Bathroom 13, Bathroom 18, Bedroom 14, Bathroom 6, Bathroom 2, Basement, Bedroom 12, Bedroom 18, Bedroom 10, Bedroom 4, Bedroom 19, Bathroom 10, Bathroom 3, Bedroom 1, Bathroom 9, Bedroom 3, Bathroom 11, Bedroom 7, Bedroom 8, Bathroom 17, Bedroom 6, Bedroom 15, Bedroom 13, Bathroom 4, Bathroom 16, Bathroom 7, Bathroom 14, Bathroom 8
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.
(773) 745-1000
Listed By:
Marcus Carter · License #475166498
(773) 745-1000
Added: Jul 30
Changed: Aug 20
Last Checked: Aug 23 at 7:06AM
MLS# 12719892
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.
Investment Insights
Based on property information with market context.
Built in 1924, this 13-unit brick apartment building occupies 0.14 acres and underwent a comprehensive renovation in 2023. Improvements included the mechanical systems and apartment interiors, with modern finishes incorporated throughout the property. The unit mix comprises six 2-bedroom apartments and seven 1-bedroom apartments, including one 1-bedroom unit identified by the seller as a potential value-add opportunity.
Located at 4501 W Maypole Avenue in Chicago’s West Side, the property offers access to public transportation, expressways, and everyday amenities. Current rents are below prevailing market rates for comparable renovated units in the area, creating an opportunity for rent increases as leases expire and units turn over. The property is zoned MULTI.
Located at 4501 W Maypole Avenue in Chicago’s West Side, the property offers access to public transportation, expressways, and everyday amenities. Current rents are below prevailing market rates for comparable renovated units in the area, creating an opportunity for rent increases as leases expire and units turn over. The property is zoned MULTI.
Key Highlights
- 13‑unit apartment building on 0.14 acres
- Comprehensive renovation completed in 2023
- Unit mix includes six 2‑bedroom and seven 1‑bedroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,024
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with updated mechanical systems and apartment interiors, plus access to public transportation and expressways.
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 $1,449,000.
What are key features of this property?
This property features: 13‑unit apartment building on 0.14 acres; Comprehensive renovation completed in 2023; Unit mix includes six 2‑bedroom and seven 1‑bedroom apartments
