Brick Triplex With Basement
For Sale
$489,999
1506 N Mayfield Avenue, Chicago, IL 60651
MULTI_FAMILY - Chicago, IL
Property SizeContact for details
Days on Market8
Property Features for 1506 N Mayfield Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 4, Basement, Bedroom 7, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 8, Bedroom 9, Bedroom 5
Parking
4
Basement
Finished, Full
Elementary school district
299
Middle school district
299
High school district
299
Directions
South of North Ave, East of Austin Blvd
Subdivision
CHI - Austin
Standard status
Active
APN
16052010360000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
6000
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Year built
1925
Building materials
Brick
Listing Agency:
Hometown Real Estate Group
(773) 625-1121
Listed By:
Habteghabr Anisera
(773) 625-1121
Added: Aug 5
Changed: Aug 11
Last Checked: Aug 12 at 2:06PM
MLS# 12723576
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick multifamily property, built in 1925, is configured as three residential units. The first- and second-floor apartments each include 3 bedrooms, 1 bathroom, a living room, and a separate dining room. The finished basement adds another 3-bedroom, 1-bathroom unit. Hardwood and vinyl flooring are installed throughout the residences, and the property has separate utilities.
Located in Chicago’s North Austin area, the property includes a backyard with 5 parking spaces. Natural gas heating and public sewer service are in place. The configuration provides three similarly sized bedroom units within a traditional multi-unit building.
Located in Chicago’s North Austin area, the property includes a backyard with 5 parking spaces. Natural gas heating and public sewer service are in place. The configuration provides three similarly sized bedroom units within a traditional multi-unit building.
Key Highlights
- Three residential units, each with 3 bedrooms and 1 bathroom
- Finished basement configured as an additional 3‑bedroom, 1‑bathroom unit
- 5 parking spaces in the backyard
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,075
Businesses Nearby
Explore this area
Business Placement
Demographics for 60651, IL
62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Multi-unit property with separate utilities, finished basement space, and on-site parking.
Where is this triplex located?
The property is located at 1506 N Mayfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $489,999.
What are key features of this property?
This property features: Three residential units, each with 3 bedrooms and 1 bathroom; Finished basement configured as an additional 3‑bedroom, 1‑bathroom unit; 5 parking spaces in the backyard
