296 N Maple Avenue, Elmhurst, IL
$ 1,650,000
Property Attributes
  • MLS#11834326
  • TypeMulti-Family
  • CountyDU PAGE
  • CityElmhurst
  • AreaElmhurst
  • NeighborhoodElmhurst City Centre
  • Zip60126
  • Style
  • Year Built1915
  • Taxes$ 8221
  • Price$ 1,650,000
  • Bedrooms5
  • Full Bathrooms9
  • Half Bathrooms3
  • Sqr Footage3724
  • Lot Size12,632 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Just reduced for quick sale, a sophisticated, three-flat Plus property created in 2017 with its complete rebuild to the highest standards according to plans created by a well know local architect. The building is uniquely located in an upscale, quiet, single family neighborhood five residential blocks from the Elmhurst commuter train station and Elmhurst University. Produces gross rents of $116,000+ with NOI of $93,000+ and, based on the reduced offering price, provides a 5.65% CAP rate and 9.64% yield if 75% mortgaged at 6%. The building sits on a large (75' x 170'), beautifully landscaped sprinklered lot with separate 3-car garage and pergola with gas BBQ. Contains approximately 4,700 sq. ft. of living space containing six bedrooms, six bathrooms, three powder rooms, each unit with natural gas fireplace and its own washer/dryer. The three principal units have independent natural gas HVAC, hot water tank, ensuite bathrooms, front door communication, in-unit internet/cable hubs and oak hardwood floors complemented by carpet in some bedrooms, granite countertops with Grohe fixtures and each with parking for two cars, one in garage with own door. Other unique aspects include custom cabinets and upgrade appliances, automatic snow melt system for front walk and porch, front and rear entry halls, almost maintenance-free James Hardie Fiber-cement siding, Marvin double hung windows, 8 ft. wood internal entry doors and more. (See Additional Documents for feature details)

Elementary School Middle School High School
Emerson Elementary School Churchville Middle School York Community High School
Price History
7/17/2023 Listed $1,800,000
9/5/2023 9% - $1,650,000

General Features

City Elmhurst
County Du Page
Days on Market 111
Directions North Ave to Maple Ave. North to 296 N. Maple Ave
Elementary School Emerson Elementary School
Elementary School District 205
Garage Spaces 3.5
Gross Income 78000
Heating Natural Gas, Forced Air
High School York Community High School
High School District 205
MLS Area Elmhurst
Middle/Junior High School Churchville Middle School
Middle/Junior School District 205
New Construction No
Other Structures Pergola
Percent Ownership Fee Simple
Possession Negotiable
Property Type Residential Income
Property Type Two to Four Units
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Maple
Tax Annual Amount 8221
Tax Year 2022
Total Rooms 15
Township Addison
Waterfront Y/N No
Year Built 1915
Zoning LNC

Interior Features

Basement Full
Basement Finished
Bedrooms Possible 5
Full Baths Building 6
Half Baths Building 3
Street Suffix Avenue
Total Baths 9
Total Bedrooms 5
Total Number of Units 3

Exterior Features

Exterior Concrete, Shingle Siding, Combination
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 75 X 170
Lot Size Acres 0.29
Water Source Lake Michigan, Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60126

AVG $1.65M
AVG $8,221
AVG 780
Data Provided by Inside Real Estate®
Year Built
AVG 1915
AVG 77
Data Provided by Walkscore® not using MLS data