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Price cut: $10,999
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Two to Four Units · Chicago, IL
$489,000$499,999
9 beds · 3 baths
1506 N Mayfield Avenue, Chicago, IL, 60651
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Wow-location! North Austin 2-Flat with additional Basement Unit - Great Investment Opportunity! This solid multi-unit property is perfect for an investor it is already making money. The first and second-floor units each feature 3 bedrooms, 1 bathroom, a spacious living room, and a separate dining room, offering functional layouts with plenty of room. The finished basement includes 3 bedrooms and 1 bathroom. You'll find backyard with 5 cars parking spaces, adding extra value. Also this apartment floor features hardwood and vinyl floors throughout the units. It is a fantastic opportunity to own a spacious, with 3 bedrooms in all floors. Each unit features generous room sizes, classic layouts, and good ceiling height. Separate utilities.
— the listing agent’s description

The home

9 beds
3 baths
Built in 1925
Lot 31x12
Two to Four Units

What it’ll cost

$6,000 taxes / yr
No HOA
Listed $499,999
Now $489,000
12 days on dwello

Estimated monthly payment

$3,243/mo
Principal & interest$2,600
Property taxes$500
Homeowners insurance$143
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Jun 3
THU
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FRI
Jun 5
SAT
Jun 6
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12 days on dwello
Price history
Price reduced
Aug 16, 2026
↓ $10,999$489,000
Listed for sale
Aug 7, 2026
$499,999
Earlier records
Listed
Jun 25, 2026
$519,000
Sold
Jun 27, 2025
$272,000
Now $10,999 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$6,000/yr
Assessed value
2025
County assessor
$32,000~$320,000 mkt
2024
$32,000~$320,000 mkt
2023
$24,000~$240,000 mkt
2022
$24,000~$240,000 mkt
2021
$24,000~$240,000 mkt
2020
$17,808~$178,080 mkt
2019
$20,237~$202,370 mkt
2018
$20,237~$202,370 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasBrickPublic SewerYes
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Habteghabr Anisera · Hometown Real Estate Group
Listing last updated Aug 16, 2026 · data refreshed from the MLS Aug 16, 2026, 10:04 PM CT
Based on information submitted to the MLS GRID as of Aug 16, 2026, 10:04 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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