$1,850,000

296 N Maple Ave Elmhurst, IL 60126

Elmhurst Area

Estimated payment $11,050/month

4 Beds
9 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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 5.29% at the asking price.

Listing Agent

Kari Kohler

Coldwell Banker Realty License #475129019 Listed on: 08/10/2026

Coldwell Banker Realty

Co-Listing Agent

Melanie Chavez

Coldwell Banker Realty License #475208909

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,348

Year Built

  • Built in 1915

Parking

  • 3 Car Detached Garage
  • Leased Parking
  • Parking Available
  • Garage Door Opener

Home Design

  • Cement Siding

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 9 Bathrooms
  • Dual Sinks
  • Separate Shower

Additional Features

  • Lot Dimensions are 169.9 x 74.3 x 169.9 x 74.3
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Net Operating Income $97,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,348

Year Built

Built in 1915

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 9
  • Total Bedrooms: 4
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Fireplace-Gas,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Fireplace-Gas,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Fireplace-Gas,Walk-In Closet

Exterior Features

  • Construction Materials: Cement Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Leased, Garage
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 169.9 X 74.3 X 169.9 X 74.3
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 97846
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Story Unit/s

Tax Info

  • Tax Annual Amount: 10347.98
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,014 $163,518 $70,631 $92,887
2023 $9,277 $150,320 $64,930 $85,390
2022 $8,221 $134,210 $57,970 $76,240
2021 $7,885 $128,560 $55,530 $73,030
2020 $7,434 $123,140 $53,190 $69,950
2019 $7,371 $118,400 $51,140 $67,260
2018 $7,044 $112,470 $46,930 $65,540
2017 $6,923 $107,490 $44,850 $62,640
2016 $6,349 $94,600 $41,410 $53,190
2015 $6,254 $87,390 $38,250 $49,140
2014 $6,076 $78,040 $19,180 $58,860
2013 $6,042 $79,630 $19,570 $60,060
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2026 08/10/26 For Sale $1,850,000 0.0% --
04/06/2017 04/06/17 Rented $2,800 0.0% --
10/28/2016 10/28/16 For Rent $2,800 0.0% --
09/03/2014 09/03/14 Sold $514,000 0.0% $257 / Sq Ft View Prior Sale
08/29/2014 08/29/14 Off Market $514,000 -- --
07/22/2014 07/22/14 Pending -- -- --
03/25/2014 03/25/14 Price Changed $547,000 -3.9% $274 / Sq Ft
01/07/2014 01/07/14 For Sale $569,000 -- $285 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $514,000 Attorneys Title Guaranty Fun
Interfamily Deed Transfer -- First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $440,000 Commercial
Previous Owner $360,000 Commercial
Previous Owner $253,000 Negative Amortization
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12678128

Midwest Real Estate Data (MRED)
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