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1315 N Massasoit Avenue Chicago, IL 60651

$445,000
New / MLS# 12695818 / Multi Unit - Multiple / Chicago
6 Beds
3 Baths

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 will be delivered fully vacant at closing, providing immediate occupancy or the opportunity to lease both units at current market rents. Property is being sold AS-IS.

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Baird & Warner Rose Hoffmann Agent Cell: 847.627.0039 Email

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Estimated Payment

$ 1,599.26 per month $988.89 Principal & Interest $480.58 Property Tax $129.79 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Garage: 2
Heating: Radiator(s)
Home Style: Contemporary
Lot Size: 31.25 x 131
Taxes: $5,767
Year Built: 1921

Feature Descriptions

Exterior: Vinyl Siding, Brick
Lot Dimensions: 31.25 x 131
Other Equipment: Ceiling Fan(s)
Parcel#: 16052210150000
Parking: Garage Door Opener, Yes, Other, Detached, Garage
Sewer: Public Sewer
Total Rooms: 12
Township: West Chicago
Water: Public

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Coldwell Banker Realty

Listing Office Phone: 312-266-7000



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