$419,900
3834 W Maypole Avenue
Chicago, IL, 60624
This isn’t just an investment; it’s a GOLDMINE waiting to be unlocked! Get ready to seize an incredible opportunity with this huge, three-unit brick building – it’s wont last long! This is the deal you’ve been searching for, offering instant income potential across all three units. The first floor features a spacious 2-bedroom, 1-bath unit that’s currently vacant but brimming with potential; a minimal rehab will have it generating steady rent and provide instant equity and quick returns. The second floor is already a PROVEN MONEY-MAKER; this 3-bedroom, 1-bath unit is currently rented to a reliable Section 8 tenant, guaranteeing $1,470 per month in cash flow from day one! Finally, the third floor boasts a move-in ready 3-bedroom, 1-bath unit, perfect for an owner-occupant looking to live for free or for generating even more income by renting it out. Plus, management is a breeze since each unit boasts separate utilities and gas forced air, virtually eliminating hassle and simplifying your landlord life.
Property Details
Price:
$419,900
MLS #:
MRD12368068
Status:
Active Under Contract
Beds:
8
Baths:
3
Address:
3834 W Maypole Avenue
Type:
Multi Family
Neighborhood:
CHI – West Garfield Park
City:
Chicago
Listed Date:
May 16, 2025
State:
IL
ZIP:
60624
Schools
School District:
299
Interior
Heating
Natural Gas, Electric, Forced Air
Exterior
Construction Materials
Brick
Parking Features
On Site, Owned
Parking Spots
3
Financial
Tax Year
2023
Taxes
$5,504
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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3834 W Maypole Avenue
Chicago, IL
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