1731 N MAYFIELD Avenue
Chicago, IL 60639

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $399,000
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About this home

Investor's Dream Opportunity! This income-generating property features two spacious apartments, with additional rooms in the basement, offering incredible potential for value-add improvements. With separate electric meters and individual central heating systems, it's primed for flexible leasing options. The property also includes three dedicated parking spots, making it even more appealing to tenants. With strong income potential and being sold as-is, this is the perfect chance to expand your portfolio and capitalize on a great investment!

Property details

Interior Features
Additional Rooms Den
Basement Description Finished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 3
Full Baths in Building Count 3
Total Rooms 10
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1350
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1350
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1923
Parking Total 3
Exterior Building Type Brick
Foundation Concrete Perimeter
Parking Features Assigned, Alley Access
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2022
Roof Type Rubber
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights, Street Paved
Area Major CHI - Austin
Zoning Type MULTI
Corporate Limits Chicago
Directions NORTH AVE E OR W TO MAYFIELD, NORTH TO PROPERTY
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Jefferson
Property / Lot Details
Lot Dimensions 30 X 129
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing FHA
Gross Rental Income $4,000
Rental Income 2700
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13324070100000
Special Assessments N
Taxes $4,525
Tax Exemptions None
Tax Year 2022
$399,000 Listing Price:
MLS # 12186491
Investment Profile Residential Income
Listing Market Time 41 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 10/17/2024
Year Built 1923
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