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This Multifamily Property is no longer advertised on LoopNet.com.
6501 S Maplewood Ave
Chicago, IL 60629
Multifamily Property For Sale
·
11 Units

Investment Highlights
- Favorable Unit Mix Features Six One-Bed/One-Bath, Three Two-Bed/One-Bath, and Two Three-Bed/One-Bath Units
- Three Units Have Opportunity for Upside Through Renovations and Rent Increases
- Major CapEx Improvements Include Seven Full Unit Renovations and a Brand New Boiler in 2022. Lentils Replaced in 2024
- 91% Subsidized Rents Upon Stabilization
Property Facts
| No. Units | 11 | Building Size | 9,200 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1921 |
| Building Class | C | Parking Ratio | 0.22/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | RS-3, Chicago - Residential | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,200 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1921 |
| Parking Ratio | 0.22/1,000 SF |
| Zoning | RS-3, Chicago - Residential |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 750 |
| 2+1 | 3 | - | 900 |
| 3+1 | 2 | - | 1,000 |
Property Taxes
| Parcel Number | 19-24-221-001-0000 | Improvements Assessment | $55,849 |
| Land Assessment | $7,351 | Total Assessment | $63,200 |
Property Taxes
Parcel Number
19-24-221-001-0000
Land Assessment
$7,351
Improvements Assessment
$55,849
Total Assessment
$63,200
Listing ID: 31429566
Date on Market: 4/5/2024
Last Updated:
Address: 6501 S Maplewood Ave, Chicago, IL 60629
The Marquette Park Multifamily Property at 6501 S Maplewood Ave, Chicago, IL 60629 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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