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.
CHARMING IN TOWN NON-CONFORMING THREE FLAT. EXCELLENT CONDITION, FULL OF CHARM & TRADITION. HARDWOOD FLOORS, GREAT ROOM SIZES, ORIGINAL WOOD WORK, ALL CONCRETE DRIVE W/HUGE TURNAROUND & 3.5 CAR GARAGE. MASSIVE 70x170 LOT. WONDERFUL INVESTMENT OPPORTUNITY!
Year
Property tax
Land + Additions
Assessment*
2024
$10,014 (+7.9%)
$70,631 + $92,887
$163,518
2023
$9,277 (+12.8%)
$64,930 + $85,390
$150,320
2022
$8,221 (+4.3%)
$57,970 + $76,240
$134,210
2021
$7,885 (+6.1%)
$55,530 + $73,030
$128,560
2020
$7,434 (+0.8%)
$53,190 + $69,950
$123,140
2019
$7,371 (+4.6%)
$51,140 + $67,260
$118,400
2018
$7,044 (+1.8%)
$46,930 + $65,540
$112,470
2017
$6,923 (+9.0%)
$44,850 + $62,640
$107,490
2016
$6,349 (+1.5%)
$41,410 + $53,190
$94,600
2015
$6,254 (+3.5%)
$38,250 + $49,140
$87,390
2013
$6,042 (+2.5%)
$19,570 + $60,060
$79,630
2012
$5,893 (+2.7%)
$20,900 + $64,130
$85,030
2011
$5,735 (−32.1%)
$23,250 + $71,340
$94,590
2010
$8,444 (+1.8%)
$37,620 + $115,530
$153,150
2009
$8,293 (+6.3%)
$41,370 + $127,040
$168,410
2008
$7,800 (+3.9%)
$41,370 + $127,040
$168,410
2007
$7,509
$38,450 + $118,070
$156,520
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.29 Acres
Year renovated
—
Finished Sq. Ft.
3,668
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,668
Year built
1915
Style
Multi-Family (5+ Unit)
County
DuPage County
APN
0335415018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
R2
Single-Family Residence District
The R2 single-family residence district is primarily designed to accommodate existing single-family neighborhoods in the City, which are characterized by smaller recorded lots than required in the RE and R1 district.
Permitted uses
Include but are not limited to:
Housing-Single unit
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Elmhurst, IL • 60126
Average low and high temperatures (°F)
29
16
38
23
55
35
62
43
69
50
82
63
86
69
81
65
80
60
68
49
51
38
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 296 N Maple Ave
$1,751,804
$98K under list price of $1.85M
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $705K to $2.1M.