This is the kind of opportunity serious multifamily investors wait for. 4501 W Maypole Ave is a 13-unit apartment building that benefited from a comprehensive renovation in 2023, with major improvements made throughout the property, including the mechanical systems and apartment interiors. The result is a well-maintained, stabilized asset with modern finishes, reduced capital expenditure needs, and strong long-term investment appeal. The building offers an attractive unit mix of six 2-bedroom apartments and six 1-bedroom apartments, along with a seventh 1-bedroom unit that, to the seller's knowledge, presents a value-add opportunity for the next owner. Whether through optimization or further evaluation, it provides potential upside beyond the property's existing income stream. Current rents are below prevailing market rates for comparable renovated units in the area, providing investors with a clear opportunity to increase revenue over time as leases expire and units naturally turn over. Located in a rapidly evolving West Side neighborhood with convenient access to public transportation, expressways, and everyday amenities, this property is well positioned to benefit from continued neighborhood investment. For investors seeking a quality multifamily asset with stable cash flow, meaningful upside, and long-term appreciation potential, 4501 W Maypole Ave is a compelling addition to any portfolio.

Listing Courtesy of MRED as distributed by MLS Grid of Chicagoland Brokers, Inc.



Based on information submitted to the MLS GRID as of 2026-10-21 04:10 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-21 04:10 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.