NOT LISTED FOR SALE

1049 N Massasoit Ave Chicago, IL 60651

Austin Neighborhood
6 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold January 29, 2019

Last sale price $275,000

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of January 2019

Looking for a great investment property you could either live in or just use as a source of income? Look no more! This beautiful brick 2 Flat building is waiting just for you. Each unit features 2 bedrooms and 1 bath in each, hardwood floors throughout, large living room, separate spacious dining room, large kitchen with ceramic tile and updated appliances, as a bonus there is an in-law suite that offers 2 bedrooms with a full bath on the lower level. Newly built 2 car garage with a covered patio with a decent size back yard space. 1st floor is vacant, 2nd floor is occupied on a month to month lease. Schedule your private showings today!

Last Agent to Sell the Property

Elijah Reese

Serene Realty, Inc. License #471019825 Listed on: 12/05/2018

Co-Listed By

Vadie Reese

Serene Realty, Inc. License #475155216

Last Buyer's Agent

Juan Moxthe

RE/MAX City

RE/MAX City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1915

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,465

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2465
  • Tax Year: 2016

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2019 01/29/19 Sold $275,000 +15.1% --
12/12/2018 12/12/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $239,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,853 $25,000 $4,500 $20,500
2024 $4,853 $25,000 $4,500 $20,500
2023 $4,730 $23,001 $3,563 $19,438
2022 $4,730 $23,001 $3,563 $19,438
2021 $4,625 $22,999 $3,562 $19,437
2020 $3,290 $14,769 $3,187 $11,582
2019 $3,372 $16,784 $3,187 $13,597
2018 $3,315 $16,784 $3,187 $13,597
2017 $3,571 $16,589 $2,812 $13,777
2016 $2,465 $16,589 $2,812 $13,777
2015 $2,216 $16,589 $2,812 $13,777
2014 $2,022 $15,301 $2,625 $12,676
2013 $1,963 $15,301 $2,625 $12,676
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10150082

Midwest Real Estate Data (MRED)