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    • $272,000

    1506 N Mayfield Ave, Chicago, IL 60651

    8beds
    --sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $496,500 Zestimate®
    $--/sqft
    $2,045 Estimated rent

    Home value

    $496,500

    $472,000 - $521,000

    $2,045/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobby Vasilev, CSC,SFR 773-600-4467,

    Remax Future

    Bought with:

    Habteghabr Anisera

    Hometown Real Estate Group

    Source: MRED as distributed by MLS GRID,MLS#: 12343129MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Radiator(s)
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Alley Access, Additional Parking, On Site, Owned
    • Has uncovered spaces: Yes
    Lot
    • Size: 3,844 Square Feet
    • Dimensions: 31X124
    • Features: None
    Details
    • Parcel number: 16052010360000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $320,000
    • Annual tax amount: $5,064
    • Date on market: 4/28/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/4/2026Listing removed$519,000
    Source: MRED as distributed by MLS GRID #12687901 Report a problem
    7/24/2026Price change$519,000-3.9%
    Source: MRED as distributed by MLS GRID #12687901 Report a problem
    7/15/2026Price change$539,900-1.8%
    Source: MRED as distributed by MLS GRID #12687901 Report a problem
    7/10/2026Listed for sale$549,900
    Source: MRED as distributed by MLS GRID #12687901 Report a problem
    7/7/2026Contingent$549,900
    Source: MRED as distributed by MLS GRID #12687901 Report a problem
    7/5/2026Price change$549,900-3.5%
    Source: MRED as distributed by MLS GRID #12687901 Report a problem
    6/25/2026Listed for sale$569,900+109.5%
    Source: MRED as distributed by MLS GRID #12687901 Report a problem
    6/27/2025Sold$272,000-6.2%
    Source: MRED as distributed by MLS GRID #12343129 Report a problem
    5/1/2025Contingent$290,000
    Source: MRED as distributed by MLS GRID #12343129 Report a problem
    4/28/2025Listed for sale$290,000
    Source: MRED as distributed by MLS GRID #12343129 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,429 +27%$32,000 +33.3%
    2023$5,064 +2.6%$24,000
    2022$4,936 +2.3%$24,000
    2021$4,826 +21.7%$24,000 +34.8%
    2020$3,967 -2.4%$17,808 -12%
    2019$4,066 +1.7%$20,237
    2018$3,998 -14.2%$20,237 -6.5%
    2017$4,658 +7.5%$21,637
    2016$4,334 +9.3%$21,637
    2015$3,965 -3.1%$21,637 -1.9%
    2014$4,092 +2%$22,056
    2013$4,011 +1.4%$22,056
    2012$3,958 +15.2%$22,056 +4.1%
    2011$3,435 -0.4%$21,195
    2010$3,449 +4.4%$21,195
    2009$3,305 -25%$21,195 -31%
    2008$4,404 +1%$30,701
    2007$4,360 -1.1%$30,701
    2006$4,407 +41%$30,701 +60.5%
    2005$3,126 +1%$19,129
    2004$3,094 +2.2%$19,129
    2003$3,027 +16.3%$19,129 +32%
    2002$2,603 +3.8%$14,491
    2001$2,509 +5.7%$14,491
    2000$2,374 -0.7%$14,491 +17.3%
    1999$2,390 $12,359
    Find assessor info on the county website

    Neighborhood: North Austin

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $496,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $496,500

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