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Listing provided courtesy of Cosmos Realty Investors, Inc.MREDas Distributed by MLSGrid- MLS# 12687901MLS Provider

1506 N Mayfield AvenueChicago, IL 60651

Multi-Family · 8 Beds
$569,900 Active

1506 N Mayfield Avenue Overview

Time on Site:
5 days
Visits:
0

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.

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1506 N Mayfield Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Austin
  • Township: West Chicago

Community/Development

  • Community Features: Curbs, Sidewalks, Street Lights

Tax Information

  • Tax Annual Amount: $5,064.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16052010360000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 3

General Information

  • Basement: Finished, Full
  • Heating: Natural Gas, Radiator(s)
  • Rooms Total: 17

Exterior

Parking Information

  • Parking Features: Driveway, Alley Access, Additional Parking, Yes, Owned
  • Parking Total: 4

Lot Information

  • Lot Features: None
  • Lot Size Dimensions: 31X124
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Flat

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

1506 N Mayfield Avenue Neighborhood

Community

60651 (CHICAGO) Demographics

34
Median Age
18,218
Population Density (per sq. mile)
22%
College Educated
$41,107
Estimated Median Income
8,812
Estimated Total Home Owners
11,120
Estimated Total Renters
44% / 56%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1506 N Mayfield Avenue Monthly Cost

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$ %
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$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1506 N Mayfield Avenue Market Data

Based on the last 30 days in this zip code

$380,393
Average List Price
$220
Average Price per Square Foot
12
Properties Sold
72
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

1506 N Mayfield Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Added to Database
June 24, 2026
6/28/2025Source: MRED Status Change
Closed
5/1/2025Source: MRED Status Change
Contingent
4/27/2025Source: MRED Added to Database
April 27, 2025