Listed by Strauss Realty
$799,000
35 N Mayfield Avenue
Details
APN 16084200120000
Property Type Multifamily
Sub Type Apartment Building
Units 3
Tenancy Multi
Year Built 1910
Buildings 1
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. 1,300 SF),
Unit 2 offers 5 bedrooms and 1 bath (approx. 1,350 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 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
Listing Contacts
Listed by Strauss Realty
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