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Renovated 3-Unit Income Property
For Sale
$760,000

5706 N MAPLEWOOD Avenue, Chicago, IL 60659

Completely renovated, fully vacant 3-unit building with updated kitchens, hardwood floors, and separate furnaces.

Property SizeContact for details
Days on Market54

Property Features for 5706 N MAPLEWOOD Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Natural Gas
Forced Air
Listing Agency: Century 21 Circle
Listed By: Tu Nguyen · License #471022862
Source: Kw
Added: Jul 20 Changed: Sep 11 Last Checked: Sep 9 at 8:44PM

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 Century 21 Circle

Investment Insights

Based on property information with market context.

This oversized, turnkey 3-unit residential income property is completely renovated and fully vacant, ready to move in or rent out immediately. The building features three updated kitchens with abundant cabinetry and granite countertops, along with beautifully renovated bathrooms. Hardwood floors run throughout, and the units include high ceilings and functional layouts.

The first and second floors each provide 3 bedrooms and 1 bathroom. The finished basement includes 2 bedrooms, 1 bathroom, and a full kitchen with generous living space, and also houses the washer and dryer; the finished basement is not a legal unit. Major updates include fresh paint, refinished hardwood floors, full tuck-pointing, newer windows, a roof approximately 6 years old, and three separate furnaces.

The legal structure is described as a 2-flat building, with 3 electric meters and 2 gas meters. The property is located on a quiet, tree-lined street in the Arcadia Terrace/West Ridge area, minutes from Lincoln Square and close to parks, shopping, restaurants, schools, and public transportation.

Key Highlights

  • Completely renovated, fully vacant 3‑unit building—ready to move in or rent out immediately
  • Three updated kitchens with abundant cabinetry and granite countertops
  • Hardwood floors throughout plus high ceilings and functional layouts in each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Pet Grooming Service Veterinary Clinic Florist

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

2,083
Businesses Nearby

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
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
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Frequently Asked Questions

What type of property is this?
Duplex - Completely renovated, fully vacant 3-unit building with updated kitchens, hardwood floors, and separate furnaces.
Where is this duplex located?
The property is located at 5706 N MAPLEWOOD Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Completely renovated, fully vacant 3‑unit building—ready to move in or rent out immediately; Three updated kitchens with abundant cabinetry and granite countertops; Hardwood floors throughout plus high ceilings and functional layouts in each unit
More about this property
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