Description

35 N Mayfield Ave is a multifamily property offered for sale at 35 N Mayfield Ave in Chicago, IL 60644, in the West Side / Austin submarket. The 2,650 SF property gives buyers a defined residential asset to consider alongside its asking price and rent figures.

Built in 1910, the property has a 1BR unit mix, an average unit size of 1,325 SF and average rent of $2,400 per month. In-place rents are $7,200, giving investors a current income figure to examine alongside the unit-level average. The property occupies 0.16 acres and has 3 parking spaces. Its B3-3 zoning and APN 16084200120000 identify the parcel for buyers conducting property-level diligence. Together, the building size, unit mix and parcel details establish the scope of the asset without relying on projections of changes to its use or income.

The asking price is $629,000, with pricing also expressed as $209,666.67 per unit and $3,931,250 per acre. The 6.57 GRM gives income-focused buyers another way to read the asking price against the property's rent profile. For an investor comparing multifamily acquisitions, 35 N Mayfield Ave presents a compact Chicago property with a clearly identified unit mix, parcel and in-place rent figure. Those figures put the purchase decision in concrete terms: the price of entry, the existing income and the physical scale of the property.