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. Each unit features generous room sizes, classic layouts, and good ceiling height. Separate utilities.
Active
Price cut: $10K (7/15)
$539,900
1506 N Mayfield Ave, Chicago, IL 60651
8beds
--sqft
Multi Family
Built in 1925
-- sqft lot
$541,200 Zestimate®
$--/sqft
$-- HOA
What's special
Classic layoutsGood ceiling heightTwo spacious unitsGenerous room sizes
- 27 days |
- 289 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Bill Eliopoulos 312-502-0218,
Cosmos Realty Investors, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12687901
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, Yes, 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: 6/25/2026
- Ownership: Fee Simple
Estimated market value
$541,200
$514,000 - $568,000
$2,095/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $539,900-1.8% |
Source:  MRED as distributed by MLS GRID #12687901 Report a problem | ||
| 7/10/2026 | Listed for sale | $549,900 |
Source: MRED as distributed by MLS GRID #12687901 Report a problem | ||
| 7/7/2026 | Contingent | $549,900 |
Source: MRED as distributed by MLS GRID #12687901 Report a problem | ||
| 7/5/2026 | Price change | $549,900-3.5% |
Source: MRED as distributed by MLS GRID #12687901 Report a problem | ||
| 6/25/2026 | Listed for sale | $569,900+109.5% |
Source: MRED as distributed by MLS GRID #12687901 Report a problem | ||
| 6/27/2025 | Sold | $272,000-6.2% |
Source: MRED as distributed by MLS GRID #12343129 Report a problem | ||
| 5/1/2025 | Contingent | $290,000 |
Source: MRED as distributed by MLS GRID #12343129 Report a problem | ||
| 4/28/2025 | Listed for sale | $290,000 |
Source: MRED as distributed by MLS GRID #12343129 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: North Austin
Nearby schools
GreatSchools rating
- 3/10Young Elementary SchoolGrades: PK-8Distance: 0.3 mi
- NADouglass Academy High SchoolGrades: 9-12Distance: 1.2 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
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