$397,500
SOLD JAN 29, 2024

1704 N Mayfield Ave Chicago, IL 60639

Austin Neighborhood
4 Beds
2 Baths
2,248 Sq Ft
1925 Built

Recently Sold

$177 Per Sq Ft

1% Below List Price

35 Days on Market

About This Home

As of January 2024

Introducing an excellent opportunity to own a gem in the Austin area. This beautiful building features two identical units, each comprising of 2 bedrooms, 1 bath, spacious living and dining areas, and also well-appointed kitchens with stainless steel stoves and refrigerators. The property also includes an unfinished basement for additional storage or customization possibilities, along with a convenient 2-car garage. Whether you're an investor seeking rental income or a homeowner looking to accommodate multi-generational living, this versatile property offers comfortable and inclusive living options for a variety of needs. Call to setup your showing now!

Last Agent to Sell the Property

Jose Martinez

RE/MAX MI CASA License #471019209 Listed on: 11/02/2023

RE/MAX MI CASA

Co-Listed By

Joe Castillo

RE/MAX MI CASA License #471000216

Last Buyer's Agent

John Remington

PROSALES REALTY License #475205345

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1925

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,881

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 399900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3870
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1880.79
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Similar Homes in Chicago, IL

  • 1622 N Mason Ave, Chicago, IL 60639

    $389,900

    • 4 Beds
    • 2 Baths
    • 1622 N Mason Ave
    • Chicago, IL

    Discover the potential of this spacious multifamily property featuring 6 bedrooms and 4 bathrooms, complete with updated kitchens and bathrooms. Ideal for extended families, it includes a convenient in-law suite. Currently in pursuit of a short sale, please allow time for bank response. Sold as-is, the home requires some TLC and will not pass FHA inspection. A unique opportunity awaits! The

    Tameka Lewis-Madkins Keller Williams Preferred Rlty

    Section Image
  • 1022 N Leamington Ave, Chicago, IL 60651

    $325,000

    • 4 Beds
    • 2 Baths
    • 1022 N Leamington Ave
    • Chicago, IL

    Don't miss this great investment opportunity with this well-maintained and nicely updated 2-flat. The property features separate utilities for each unit, including a high-efficiency furnace and water heater rated at over 90% efficiency. Recent upgrades include modernized plumbing and electrical systems, offering peace of mind and long-term value. With separate heating and hot water systems

    Rafay Qamar Real Broker LLC

    Section Image
  • 5062 W Adams St, Chicago, IL 60644

    $375,000

    • 6 Beds
    • 2 Baths
    • 5062 W Adams St
    • Chicago, IL

    Welcome to this beautifully maintained two unit building perfect for owner occupants looking to build wealth while keeping housing costs low. Each unit features 3 bedrooms and 1 bathroom with spacious layouts, and a partially finished basement offers additional space for storage, a home gym, or future expansion. Live in one unit and rent out the other to help cover your mortgage. The second floor

    Tina Hollins Coldwell Banker Realty

    Section Image
  • 1009 N Harding Ave, Chicago, IL 60651

    $470,000

    • 4 Beds
    • 2 Baths
    • 1009 N Harding Ave
    • Chicago, IL

    Investors Dream! Beautiful blonde brick building with 2 units and a full basement that blends classic charm with modern luxury! Located in a highly desirable neighborhood, this stunning property has been upgraded, offering two spacious 2bed/1bath units. Fully updated kitchens with sleek stainless steel appliances, custom countertops, cabinetry and gorgeous hardwood flooring spanning throughout.

    Rafay Qamar Real Broker LLC

    Section Image
  • 1547 S Kolin Ave, Chicago, IL 60623

    $415,000

    • 6 Beds
    • 3 Baths
    • 1547 S Kolin Ave
    • Chicago, IL

    Elevate your investment portfolio with this impressive income generating three unit property in the heart of North Lawndale. Each unit boasts a comfortable layout, featuring two bedrooms and a full bathroom, complemented by modern stainless steel appliances for a touch of sophistication. Notably, two of the units underwent a comprehensive rehabilitation in 2024, showcasing updated kitchens and

    Danisha Jones Coldwell Banker Realty

    Section Image
  • 2814 W 25th Place, Chicago, IL 60623

    $390,000

    • 5 Beds
    • 3 Baths
    • 2814 W 25th Place
    • Chicago, IL

    Perfect for the savvy Investor! Rehabbed Brick 2 flat! 1st floor offers 3 bedrooms, 1.5 baths, spacious living room and kitchen. Currently rented. The second floor unit offers 2 bedrooms, 1 bath, living room and dining room. The unfinished attic space is ideal for a duplex up for an additional bedroom, living space or storage. Currently rented. New flooring throughout. 2022 and 2023 new

    Rafay Qamar Real Broker LLC

    Section Image
  • 5726 S Elizabeth St, Chicago, IL 60636

    $405,000

    • 5 Beds
    • 2 Baths
    • 5726 S Elizabeth St
    • Chicago, IL

    Discover this completely rehabbed 2-unit brick building in West Englewood. Gutted down to the studs, this property boasts brand new everything-roof, electrical, plumbing, and more! Rest peacefully knowing all city permits were pulled. Unit 1 (Duplex-Down): A spacious 2-bedroom, 1-bath layout with hardwood flooring, elegant wainscoting, and a modern kitchen featuring stainless steel appliances.

    Tina Hollins Coldwell Banker Realty

    Section Image
  • 8030 S Trumbull Ave, Chicago, IL 60652

    $429,900

    • 5 Beds
    • 3 Baths
    • 8030 S Trumbull Ave
    • Chicago, IL

    Newly Listed! Rare Opportunity in Ashburn Rarely available and impeccably maintained, this solid brick 2-flat with a fully finished basement in-law suite presents an incredible opportunity for both savvy investors and owner-occupants. Located in the heart of a Mobility Area, this property is ideal for maximizing rental income and long-term value. Each unit features a spacious layout with

    Shanara Carter eXp Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $397,500 -0.6% $177 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $399,900 -- $178 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11918711

Midwest Real Estate Data (MRED)

APN: 13324060390000