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5120 Mayfield Ave

Chicago, IL 60638

2 bd 2 ba 1,056 sqft Built 1941 Lot 4,125 sqft single_family
Most recent sale
$314,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 12, 2025 Listing removed $2,600 MRED
Mar 10, 2025 Listed for rent $2,600 MRED
Feb 1, 2025 Price changed for rent $2,600 MRED
Jan 31, 2025 Listed for rent $2,500 MRED
Nov 15, 2022 Listing removed $2,450 MRED
Oct 14, 2022 Price changed for rent $2,450 MRED
Oct 9, 2022 Price changed for rent $2,475 MRED
Oct 5, 2022 Price changed for rent $2,500 MRED
Oct 2, 2022 Price changed for rent $2,550 MRED
Sep 28, 2022 Listed for rent $2,600 MRED
Sep 27, 2022 Listing removed $2,550 MRED
Sep 26, 2022 Listing removed $2,550 MRED
Sep 22, 2022 Price changed for rent $2,550 MRED
Sep 20, 2022 Sold $314,000 Public Record
Sep 18, 2022 Listed for rent $2,450 MRED
Sep 13, 2022 Sold $314,000 MLS #11482801
Aug 3, 2022 Listed $325,000 MLS #11482801
Jan 23, 2014 Sold $150,000 MLS #08350820
Jul 30, 2013 Price changed $159,900 MLS #08350820
Jul 12, 2013 Price changed $169,900 MLS #08350820
Jul 5, 2013 Price changed $174,900 MLS #08350820
Jun 29, 2013 Price changed $185,000 MLS #08350820
Jun 24, 2013 Price changed $199,900 MLS #08350820
May 23, 2013 Listed $214,900 MLS #08350820
Apr 29, 2005 Sold $235,000 Public Record
Apr 2, 2004 Sold $224,000 Public Record
Nov 29, 1988 Sold $55,000 Public Record
Mar 14, 1985 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $15,843 $5,156 $20,999 $4,454
2022 $15,843 $5,156 $20,999 $3,636
2021 $15,843 $5,156 $20,999 $3,553
2020 $14,528 $4,125 $18,653 $3,486
2019 $16,601 $4,125 $20,726 $3,497
2018 $16,601 $4,125 $20,726 $3,438
2017 $13,915 $3,712 $17,627 $3,088
2016 $13,915 $3,712 $17,627 $3,050
2015 $15,037 $3,712 $18,749 $3,461
2014 $13,925 $3,506 $17,431 $3,259
2013 $13,925 $3,506 $17,431 $2,714
2012 $13,925 $3,506 $17,431 $2,702
2011 $17,137 $4,537 $21,674 $3,207
2010 $17,137 $4,537 $21,674 $2,848
2009 $17,137 $4,537 $21,674 $2,500
2008 $17,386 $4,784 $22,170 $2,430
2007 $17,386 $4,784 $22,170 $2,357
2006 $17,386 $4,784 $22,170 $2,338

Property facts

Year built
1941
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,056 sqft
Lot size
4,125 sqft
ZIP code
60638
City
Chicago
Street
Mayfield Ave
Coordinates
41.79924, -87.77017

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,901
Gross rental yield
7.26%
Implied cap rate
4.72%
Trend-extrapolated value

Frequently asked questions

When did 5120 Mayfield Ave last sell?
5120 Mayfield Ave most recently sold on Sep 13, 2022 for $314,000.
What is the current tax assessment for 5120 Mayfield Ave?
The most recent total assessment for 5120 Mayfield Ave (year 2023) is $20,999 with $4,454 in property tax.
How does 5120 Mayfield Ave's assessment compare to its last sale price?
The current assessment is 93.3% below the last sale price of $314,000.
When was 5120 Mayfield Ave built?
5120 Mayfield Ave was built in 1941.
How does 5120 Mayfield Ave compare to others on Mayfield Ave?
We track 8 other properties on Mayfield Ave. Browse the list under "Other properties on Mayfield Ave" to compare beds, baths, and sale history.
What are the property facts for 5120 Mayfield Ave?
5120 Mayfield Ave is a 2 bed, 2 bath, 1,056 sqft, 4,125 sqft lot single_family.
Is 5120 Mayfield Ave a flip candidate?
No — 5120 Mayfield Ave does not appear in our flips dataset.
Is 5120 Mayfield Ave a tax-appeal candidate?
No — 5120 Mayfield Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$442.4K
2026 Q4
$458.6K
ZIP 60638 — Median Price History + Forecast

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