Maldonado introduced an ordinance in November for the honorary street sign on the west side of West Luis Munoz Marin Drive. Maldonado got the idea from his 11-year-old son.
"What an incredible Chicago Cubs second baseman, competitor and role model proudly representing Puerto Rico," Maldonado said in a Facebook post. "Javier Baez, you are our MVP!"
According to the Chicago Tribune, Javier "Javy" Baez Way would stretch along West Luis Munoz Marin Drive from Sacramento Avenue to Division Street, along Little Cubs Field -- a baseball diamond -- in Humboldt Park. Marin was the first elected governor of Puerto Rico.
The 24-year-old Puerto Rican infielder batted .318 in the National League Championship Series and was named co-Most Valuable Player, along with teammate Jon Lester.
No word yet on whether any of the other members of the World Series champion Cubs will have a thoroughfare named after them.
Carrie Muskat has covered the Cubs since 1987, and for MLB.com since 2001. She writes a blog, Muskat Ramblings. You can follow her on Twitter @CarrieMuskat and listen to her podcast. This story was not subject to the approval of Major League Baseball or its clubs.