$445,000

1315 N Massasoit Ave Chicago, IL 60651

Austin Neighborhood

Estimated payment $2,871/month

6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Contemporary Architecture
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

Exceptional Investment & Owner-Occupant Opportunity! Discover this well-maintained legal two-flat in Chicago's rapidly growing Austin neighborhood, offering the perfect blend of immediate income potential and long-term appreciation. Each spacious unit features 3 bedrooms and 1 bathroom, making this an ideal opportunity for owner-occupants, FHA house hackers, or investors seeking to expand their portfolio. The first-floor unit and basement are vacant and available for immediate viewing, allowing buyers to fully evaluate the property's condition and envision its possibilities. The second-floor unit is owner-occupied and will be delivered vacant at closing, providing complete flexibility to occupy either unit, lease both at market rates, or implement your own value-add strategy. The basement includes a full bathroom and offers additional upside potential. With thoughtful improvements and subject to buyer verification of all zoning, permitting, and municipal requirements, the space may provide opportunities for expanded functionality or additional income-generating use. Additional highlights include a two-car garage, generous storage space, and a versatile floor plan well-suited for multigenerational living or investment ownership. Conveniently located near public transportation, schools, parks, shopping, restaurants, and major expressways, this property offers excellent accessibility throughout the city. Whether you're looking to build wealth through real estate, off set your mortgage with rental income, or add a solid multifamily asset to your portfolio, 1315 N. Massasoit Avenue presents an outstanding opportunity. Property is being sold AS-IS.

Listing Agent

Kesha Watson

Coldwell Banker Realty License #475193283 Listed on: 07/09/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,767

Year Built

  • Built in 1921

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 31.25 x 131
  • Radiator

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,767

Year Built

Built in 1921

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • HabitableResidenceYN: Yes
  • New Construction: No
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: Yes
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s)
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Public

Lot Info

  • Lot Dimensions: 31.25 x 131
  • Lot Size: 4.0-4.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5767.16
  • Tax Year: 2024

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2026 07/09/26 For Sale $445,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12695818

Midwest Real Estate Data (MRED)
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