
840 N Massasoit Ave Chicago, IL 60651
Austin NeighborhoodEstimated payment $7,382/month
Total Views
7,360
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Bed
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Bath
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Sq Ft
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Price per Sq Ft
About This Home
This gorgeous brick 3 story / 13 Unit apartment building is an investors dream. Tenants pay their own electric and gas, each unit has it's own furnace and hot water heater. Large room sizes, huge basement that can accommodate a laundry facility for the building. Don't miss out on a deal of a lifetime!!! Perfect building for investors! Property being sold in AS IS condition, no surveys nor disclosures, taxes prorated.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,647
Year Built
- Built in 1930
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 50x130
Additional Features
- 3-Story Property
- Central Heating
Community Details
Overview
- 13 Units
Building Details
- Electric Expense $3,200
- Insurance Expense $15,000
- Other Expense $3,500
- Trash Expense $4,950
- Water Sewer Expense $5,400
- Operating Expense $56,646
- Gross Income $187,200
- Net Operating Income $130,554
Map
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Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/15/2025 08/15/25 | Pending | -- | -- | -- |
07/07/2025 07/07/25 | For Sale | $995,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Similar Home in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12412472

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