NOT LISTED FOR SALE
4 Beds
4 Baths
2,702 Sq Ft
5,663 Sq Ft Lot

Last Sold October 31, 2024

Last sale price $378,000 $140 Per Sq Ft

6 Days on Market

Highlights

  • Corner Lot
  • 4-minute walk to Austin Station (Green Line)
  • 4-minute walk to Austin Park
  • Forced Air Heating System

About This Home

As of October 2024

Welcome to 242 N Mayfield, a well-maintained 4-unit building offering fantastic income potential. Each unit features 1 bedroom and 1 bathroom, with three units already tenant-occupied, making this an excellent opportunity for a savvy investor. Whether you're looking to add a solid income-producing property to your portfolio or seeking the perfect setup to live in one unit and rent out the others for steady cash flow, this building offers it all. With its great condition and prime location, this is a turnkey investment waiting for you!

Last Agent to Sell the Property

Cristino Aguirre

Realty of America, LLC License #471021933 Listed on: 09/27/2024

Realty of America, LLC

Co-Listed By

Miguel Aguirre

Realty of America, LLC License #475193117

Last Buyer's Agent

Gonzalo Santoyo

HomeSmart Connect LLC License #475166102

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,954

Year Built

  • Built in 1949 | Remodeled in 2019

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Individual Controls for Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,954

Year Built

Built in 1949 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Indv Controls
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 5,900
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 2953.85
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $378,000 -5.5% $140 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $399,900 -- $148 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12175032

Midwest Real Estate Data (MRED)

APN: 16084070230000