Sold
Last Sold Price
7 beds
10606 Mayfield Ave, Chicago Ridge, IL 60415
Multi FamilyProperty Type
0.12 acresLot Size
1961Year Built
2 carsParking Spaces

Description

Great Investment 2 flat with legal non conforming garden apartment building in the Chicago Ridge area. The garden unit was completely remodeled(2024). Rents are currently well below market rents. Tenants are on month to month. New roof (2019) and new furnaces. Very large backyard and side driveway. Two car garage with great storage space. Rent two floors, live in one or rent all 3 at market rates and receive cash flow plus equity by mortgage payoff (from rents) and appreciation. Schedule a showing...Great Investment 2 flat with legal non conforming garden apartment building in the Chicago Ridge area. The garden unit was completely remodeled(2024). Rents are currently well below market rents. Tenants are on month to month. New roof (2019) and new furnaces. Very large backyard and side driveway. Two car garage with great storage space. Rent two floors, live in one or rent all 3 at market rates and receive cash flow plus equity by mortgage payoff (from rents) and appreciation. Schedule a showing today!

    Sold By Better Homes & Gardens Real Estate

    • Listed by: Oscar Arteaga 773.407.8201 oscar.arte@hotmail.com • Panorama Real Estate
    Listing closed: 06/11/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12002401

    Recent comparable sales

    Median sold price

    $534,000

    Avg days on market

    59

    Sale-to-list ratio

    100.9%

    Chicago Ridge, IL

    9 comparable properties found

    $585,000 | 10544 Central Avenue, Chicago Ridge, IL 60415
    1/11
    1

    $585,000

    Sold 07/02/25

    8
    Bedrooms
    3,500
    Square Feet
    0.14
    Acres
    $534,000 | 6528 Ridge Drive, Chicago Ridge, IL 60415
    1/33
    2

    $534,000

    Sold 07/27/26

    6
    Bedrooms
    3,600
    Square Feet
    0.19
    Acres
    $675,000 | 10507 Oxford Avenue, Chicago Ridge, IL 60415
    1/31
    3

    $675,000

    Sold 07/02/26

    6
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres
    4

    $550,000

    Sold 01/23/25

    Unavailable
    Bedrooms
    4
    Bathrooms
    3,853
    Square Feet
    0.15
    Acres
    a view of house with backyard
    1/44
    5

    $637,500

    Sold 08/28/26

    6
    Bedrooms
    Unavailable
    Square Feet
    0.19
    Acres
    a front view of a house with a yard
    1/35
    6

    $527,500

    Sold 01/30/26

    5
    Bedrooms
    3,000
    Square Feet
    0.23
    Acres
    a front view of a house with a yard
    1/32
    7

    $500,000

    Sold 12/12/24

    6
    Bedrooms
    2,400
    Square Feet
    0.25
    Acres
    $489,900 | 10550 Austin Avenue, Chicago Ridge, IL 60415
    1/2
    8

    $489,900

    Sold 04/18/25

    5
    Bedrooms
    2,900
    Square Feet
    0.45
    Acres
    9

    $420,500

    Sold 04/27/26

    Unavailable
    Bedrooms
    3
    Bathrooms
    2,496
    Square Feet
    0.24
    Acres

    Location

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    $3,304 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,506

    Property Taxes

    $797

    HOA Dues

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    Property Information for 10606 Mayfield Avenue

    Property Details
    • Taxes: $9,569 / year
    • MLS Type: Two to Four Units / 3 Flat
    • County: Cook County
    • Area: Chicago Ridge
    • Township: Worth
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Heat/Fuel: Natural Gas
    Building Information
    • Residences: 3
    • Year Built: 1961
    • Lot Size: 0.12 AC / 5,373 SF
    General Information
    School Information
    • Elementary School District: 127.5
    • High School District: 218
    • Middle Or Junior School District: 127.5
    Addtl Parking Information
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage
    Property Information
    Interior Features
    • Num Of Rooms: 20
    • Bedrooms Total: 7
    • Bedrooms (Below Grade): 0
    • Basement Type: Full
    • Bedrooms Possible: 7
    • Basement Description: Finished
    • # Full Baths in Building: 3
    • # Half Baths in Building: 2
    • Num of Baths: 3.2
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2024
    • Built Before 1978: Yes
    • Age: 61-70 Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 5373
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Roof Type: Asphalt
    • General Information: None
    • North Coordinate: 7000
    • South Coordinate: 10606
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Public Document Count: 3
    • Document Date: 2024-04-03T17:29:25
    • Photos Count: 22
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 00/00
    Unit 2
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 00/00
    Unit 3
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 3
    • Lease Expiration Date: VACAN

    Property History for 10606 Mayfield Avenue

    DateEvent & SourcePriceAppreciation
    Jun 11, 2024

    Sold

    MRED #12002401

    $485,000
    Apr 5, 2024

    Pending

    MRED #12002401

    Apr 5, 2024

    Contingent

    MRED #12002401

    DateEvent & SourcePrice
    06/11/2024

    Sold

    MRED #12002401

    $485,000
    04/05/2024

    Pending

    MRED #12002401

    04/05/2024

    Contingent

    MRED #12002401

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 10606 Mayfield Avenue

    This home is within Chsd 218 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Ridge Central Elementary School
    PublicPK to 5

    Elden D Finley Jr High School
    Public6 to 8

    Harold L. Richards High School
    Public9 to 12

    Delta Learning Center
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Listing Courtesy of Panorama Real Estate

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/14/2024 11:01 AM. 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.