35 N Mayfield Ave, Chicago, IL, 60644
About This Home
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.
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Construction materials: Brick
Notable Dates
- Major remodel year: 2025
Other
- Builder model: 2 FLAT
Type & Style
- Home type: MultiFamily
- Architectural style: Greystone
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Heating features: Natural Gas,Forced Air
Property
Details
- Parcel number: 16084200120000
- Zoning: MULTI
- Special condition: List Broker Must Accompany
Lot
- Lot size: 7,200 sqft
- Lot size dimensions: 32X225
Parking
- Total spaces: 3
- Parking features: None,Yes,Other
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Heat Wave
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance * | $744 | $8,928 |
| Property Taxes | $1,151 | $13,812 |
| Electricity | $130 | $1,569 |
| Total | $6,065 | $72,780 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-30 | Listing removed | $660,000 |
| 2025-11-13 | Price change | $660,000 |
| 2025-10-22 | Price change | $675,000 |
| 2025-10-07 | Price change | $694,000 |
| 2025-08-21 | Listed for sale | $699,000 |
| 2012-12-12 | Sold | $25,000 |
| 2012-10-06 | Pending sale | $25,000 |
| 2012-08-14 | Listed for sale | $25,000 |
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