1825 North Mayfield Avenue

Chicago, IL 60639

$415,000
Last Sold Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention house hackers and investors! Don't miss this extra wide and deep, multi-unit investment opportunity with great cash flow! Brick, updated 2-unit that consists of two 3 bed/1 bath units, and a finished 2 bed / 1 bath garden unit. Unit 1 currently vacant and great for owner occupant, unit 2 rented for $1,515/month through 6/23, with additional income with parking, laundry and garden unit. Lovely and quiet block that has consistent demand for renters. Recent updates include new water heaters...Attention house hackers and investors! Don't miss this extra wide and deep, multi-unit investment opportunity with great cash flow! Brick, updated 2-unit that consists of two 3 bed/1 bath units, and a finished 2 bed / 1 bath garden unit. Unit 1 currently vacant and great for owner occupant, unit 2 rented for $1,515/month through 6/23, with additional income with parking, laundry and garden unit. Lovely and quiet block that has consistent demand for renters. Recent updates include new water heaters in 2019, newer roof repairs, furnaces, windows, and updated units with stainless steel appliances. 2 car garage with space to park a 3rd next to the garage for added income! Great way to generate positive cash flow immediately with full occupancy and market rents!

Listing Agent

  1. Ben Lalez

    Ben Lalez

    Listing Agent

    Compass

    ben.lalez@compass.com

    P: 312.789.4054

Sold By Internet Real Estate, LTD.

Property Details for 1825 North Mayfield Avenue

Area
CHI - Austin
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

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LISTING UPDATED: 05/12/2023 06:39 PM

Property Details for 1825 North Mayfield Avenue

StatusClosed
MLS #11714464
Days on Market94
Taxes$5,228 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1918
Lot Size0.09 AC / 3,900 SF
CountyCook County

Location

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Virtual Tour

Building Information for 1825 North Mayfield Avenue

Stories-Residences2Year Built1918Building Size-Lot Size0.09 AC / 3,900 SF

Payment Calculator

$2,700 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,265

Property Taxes

$436

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1825 North Mayfield Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 15
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Finished, Exterior Access
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2018
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30X130
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus,Interstate Access
  • North Coordinate: 1800
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 5800
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2023-04-04T21:16:57
  • Photos Count: 15
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $28,740.00
  • Other Addl Income: Coin Laundry,Garage/s,Parking Space/s
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: NA
Unit 2
  • Unit Type Actual Rent: $1,515.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 06/23

Property History for 1825 North Mayfield Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1825 North Mayfield Avenue

Taxable ValueLand$5,805Additions$20,195Total$26,000
Tax Record2022$5,348 ($446 / month)
Home Facts
Baths2Total Finished SqFt2,220 SqFtAbove Grade Finished SqFt2,220 SqFtStories2Lot Size3,870 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyCOOKAPN13-32-404-006

Schools near 1825 North Mayfield Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - 9 to 12
Rating
School
Distance
Lovett Elementary School
PublicPK to 8

Steinmetz Academic Centre High School
Public9 to 12

CICS West Belden
CharterK to 8

Prosser Career Academy High School
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.