35 N Mayfield Ave - Apartments FOR SALE


Chicago, IL 60644- Austin
$699,000 USD
630-294-8689
35 N Mayfield Ave, Chicago, IL for Sale
$699,000 USD
Apartments - FOR SALE
1/25
null | 11.44% Cap Rate

35 N Mayfield Ave
Chicago, IL 60644
Austin


HIGHLIGHTS

  • Sale Price Reduced! Multi-family building with two units and 1 garden level unit
  • Main units feature large living and dining areas, hardwood floors, updated kitchens with granite countertops, center islands, dark wood cabinetry..
  • Current monthly income totals $7,200 plus $300/month from parking
  • Significant improvements include updated plumbing, 200-amp electrical service, newer furnace, central air conditioning, hot water tank, roof...
  • Spacious rear yard and onsite parking
  • Turn-key investment opportunity with stable cash flow in a classic Chicago Greystone building

OVERVIEW

Sale Price Reduced! 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.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$280 USD /SF

# OF UNITS

3

PRICE/UNIT

$233,000

CAP RATE

11.44%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,344 SF

ZONING

B3-3

APN/PARCEL ID

16-08-420-012-0000

ASK ABOUT THIS PROPERTY

David KaplanStrauss RealtyMore Info
630-294-8689

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David KaplanStrauss RealtyMore Info
630-294-8689

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.