Listed by Strauss Realty
$899,000
35 N Mayfield Avenue
Details
APN 16084200120000
Property Type Multifamily
Sub Type Apartment Building
Units 3
Year Built 1910
Lot Size (SqFt) 6,969
Zoning B3-3
Parking Spaces 3 spaces
Multifamily | 3 Units
Marketing description
Fully renovated Greystone two-flat investment property situated on a 6,969 SF lot. The building features two spacious units plus a non-conforming garden apartment, offering strong rental income potential. Unit 1 consists of 4 bedrooms and 1 bath (approx. 1,200 SF), Unit 2 offers 5 bedrooms and 1 bath (approx. 1,300 SF), and the garden unit includes 2 bedrooms and 1 bath. Both main units feature large living and dining areas, hardwood floors, updated kitchens with granite countertops, center islands, dark wood cabinetry, and stainless-steel appliances. Significant improvements include updated plumbing, 200-amp electrical service, newer furnace, central air conditioning, hot water tank, roof, and lighting. Additional features include a full basement with laundry hookups, a spacious rear yard, and onsite parking. Current monthly income totals $7,200 plus $300/month from parking. Turn-key investment opportunity with stable cash flow in a classic Chicago Greystone building.
Investment highlights
- Located on the west side of Chicago near Oak Park
- Great access to transportation: Austin Green Line is only a 10 minute walk away
- Quick access to highway: I-290 is just 5-minute drive away
- Monthly Income: $7,200 + $300/Mo. for Parking
Listing Contacts
Listed by Strauss Realty
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