1315 N Massasoit Ave Chicago, IL 60651
Austin NeighborhoodEstimated payment $2,871/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: 12695818
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Ask me questions while you tour the home.