1506 N Mayfield Avenue, Chicago IL 60651
Property Description
Wow-location! North Austin 2-Flat with additional Basement Unit - Great Investment Opportunity! This solid multi-unit property is perfect for an investor it is already making money. The first and second-floor units each feature 3 bedrooms, 1 bathroom, a spacious living room, and a separate dining room, offering functional layouts with plenty of room. The finished basement includes 3 bedrooms and 1 bathroom. You'll find backyard with 5 cars parking spaces, adding extra value. Also this apartment floor features hardwood and vinyl floors throughout the units. It is a fantastic opportunity to own a spacious, with 3 bedrooms in all floors. Each unit features generous room sizes, classic layouts, and good ceiling height. Separate utilities.
Features & Information
Key Details
- List Price $489,000
- Property Taxes $6,000
- Year Built 1925
- Status Price Change
- List Market Time 12
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Microwave
- Rent $1,700/mo
- Tenant Pays Electric,Gas
- Lease Expires M2M
-
Unit 2
- Floor 2
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,600/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires M2M
-
Unit 3
- Floor 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires M2M
Exterior Features
-
Parking
- # of Cars: 4
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property South Of North Ave, East Of Austin Blvd
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 6000
- Tax Year 2024
- Parcel Identification Number 16052010360000
Listed by Habteghabr Anisera for Hometown Real Estate Group | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 8/21/2026 7:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore North Austin
A diverse neighborhood of wide streets and single-family homes, North Austin is anchored by beautifully landscaped parks and recreation facilities. Long rows of brick bungalows and wood-frame houses epitomize North Austin, which has a limited amount of commercial business and nightlife. Instead, this west side Chicago community loves its tranquility and undeveloped nature. Public parks and playlots cover acres of neighborhood land with greenery, athletic fields, tennis and volleyball courts, jogging and walking paths, playground equipment and even an outdoor swimming pool. The indoor park facilities provide North Austin residents with gyms, meeting rooms and an auditorium.
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