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$ 290,000
Est. payment /mo
New
1506 N Mayfield AVE Chicago, IL 60651
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12343129
Bedrooms 7
Year Built 1925
Annual Tax Amount $5,064
Tax Year 2023
Lot Dimensions 31X124
Property Sub-Type Two to Four Units
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 and cash only. Showings for the vacant unit can be arranged with proof of funds. No exceptions. Don't miss this opportunity to invest in an up-and-coming area with strong rental demand!
Location
State IL
County Cook
Area Chi - Austin
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Radiator(s)
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Lights
Roof Type Flat
Building
Lot Description None
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Borislav Vasilev • Remax Future