SIGN UP CUSTOMER LOGIN
Main Photo

84 Total Photos [Click to View All]

Main Photo
Main Photo

296 N Maple Avenue Elmhurst, IL 60126

$1,850,000
Active / MLS# 12678128 / Multi Unit - Multiple / Elmhurst
4 Beds
9 Baths

No other multifamily properties offer this combination of location, design, construction quality, and financial return. Completely rebuilt in 2016, this architecturally distinctive three-unit property also includes a fourth unit in the English basement, providing additional income potential. Occupying a prime location in one of Elmhurst's most desirable residential neighborhoods, the property features luxury finishes, independent mechanical systems, premium building materials, and exceptional tenant amenities. This is a rare opportunity to acquire a truly distinctive, legacy-quality investment asset. Situated on a beautifully landscaped and irrigated oversized 75' x 170' lot in a quiet neighborhood of predominantly single-family homes, the property is ideally located just five blocks from downtown Elmhurst, the Metra commuter station, and Elmhurst University. This highly sought-after location continues to attract quality tenants and supports long-term value appreciation. With approximately 4,700 square feet of living space, the building offers six bedrooms, six full bathrooms, and three powder rooms across three exceptionally appointed residences. Each unit has been designed with a focus on comfort, privacy, and convenience, featuring independent natural gas HVAC systems, dedicated hot water heaters, natural gas fireplaces, in-unit washers and dryers, ensuite bathrooms, front-door communication systems, and dedicated internet and cable distribution hubs. Interior finishes include oak hardwood flooring, select carpeting in bedrooms, granite countertops, custom cabinetry, premium fixtures, and upgrade appliances throughout. Additional features further distinguish the property, including a detached three-car garage with individual access, parking for two vehicles per unit, front and rear secured entry halls, a pergola with natural gas BBQ connection, an automatic snow-melt system serving the front walk and porch, low-maintenance James Hardie fiber-cement siding, Marvin double-hung windows, and solid wood interior doors. Meticulously maintained and thoughtfully improved, this turnkey asset offers investors the rare opportunity to acquire a high-quality multifamily property with exceptional construction, enduring tenant appeal, and strong financial performance in one of Chicago's most desirable suburban communities. Current operating income provides a CAP of 5.45% at the asking price.

Read More » Read Less »

Baird & Warner Debbie Bacci Agent Cell: 847.302.1456 Email

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 6,162.10 per month $4,760.26 Principal & Interest $862.25 Property Tax $539.58 Homeowner's Insurance
Get your competitive financing options.

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 3
Heating: Natural Gas
Lot Size: 169.9 X 74.3 X 169.9 X 74.3
Taxes: $10,347
Year Built: 1915

Feature Descriptions

Bath Features: Separate Shower, Double Sink
Exterior: Cement Siding
Lot Dimensions: 169.9 X 74.3 X 169.9 X 74.3
Parcel#: 0335415018
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Leased, Garage
Sewer: Public Sewer
Total Rooms: 12
Township: Addison
Water: Public

Schools

School District: District 205

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Coldwell Banker Realty

Listing Office Phone: 630-377-1771



Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.


Login to my Baird & Warner account