Sold
Address
1506 N Mayfield Avenue, Chicago, IL
Price
$ 272,000
Property Attributes
  • MLS#12343129
  • TypeMulti-Family
  • Listing Status Closed
  • CountyCOOK
  • CityChicago
  • AreaCHI - Austin
  • Zip60651
  • Style
  • Year Built1925
  • Taxes$ 5064
  • Price$ 272,000
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

North Austin 2-Flat with additional Basement Unit - Great Investment Opportunity! This solid brick 2-flat in North Austin offers two spacious units plus a garden apartment in the basement. The first-floor unit and basement are currently occupied by non-paying tenants - buyer will assume responsibility for the occupants. The second-floor unit is vacant, in decent condition, and can be rent-ready with just a little TLC. Each unit features generous room sizes, classic layouts, and good ceiling height. Separate utilities. The property is being sold as-is, cash only. Drive-by only. We are trying to arrange showings for the vacant unit.

Price History

General Features

New Construction No
Year Built 1925
Township West Chicago
Elementary School District 299
County Cook
Community Features Curbs,Sidewalks,Street Lights
Property Type Residential Income
Middle/Junior School District 299
Sewer Public Sewer
Total Rooms 17
ModificationTimestamp 2025-06-28T19:35:01.499Z
Standard Status Closed
City Chicago
Status Closed
Roof Flat
Close Price 272000
Possession Closing
Tax Annual Amount 5064
Tax Year 2023
Heating Natural Gas,Radiator(s)
Construction Materials Brick
Property Type Two to Four Units
Directions South of North Ave,East of Austin Blvd
MLS Area CHI - Austin
Ownership Fee Simple
High School District 299

Interior Features

Total Bedrooms 8
Bedrooms Possible 8
Total Baths 3
Basement Finished,Full
Full Baths Building 3
Total Number of Units 3

Exterior Features

Street Suffix Avenue
Lot Features None
BuyerOfficeFax (773) 664-0013
Street Name Mayfield
Lot Dimensions 31X124
Parking Features Driveway,Alley Access,Additional Parking,On Site,Owned
Days on Market 4
Total Parking 4
Waterfront Y/N No
Water Source 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 60651

Price
AVG $580K
$270K
Taxes
AVG $6,777
$5,064
Year Built
AVG 1920
1925