Address
296 N Maple Avenue, Elmhurst, IL
Price
$ 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 |
Amenities
- 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
Price
Taxes
Visits
Year Built
Walkscore
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Schaumburg may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2023 All rights reserved.Based on information submitted to the MLS GRID as of December 4, 2023 11:48 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.
Data is updated as of December 4, 2023 11:48 AM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
