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1315 N Massasoit Ave , Chicago, IL 60651
$432,000
Est. Payment: $2,317.88/mo
6 Bed
3 Bath
Status: contingent | Days on site: 86
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10115 - 899014,1009258
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House Description

Curating Chicago's Next Great Investment Opportunity! Exceptional Investment & Owner-Occupant Opportunity! Bring your vision to this legal two-flat in Chicago's Austin neighborhood. Offering two spacious 3-bedroom, 1-bath residences, a full basement and a 2-car garage, this property provides a strong foundation for an investor, owner-occupant or buyer exploring a house-hacking strategy. Each unit has its own furnace and water heater, providing separate mechanical systems for added convenience. All appliances are included in the sale, including the washer and dryer. The first-floor unit and basement are vacant and available for viewing. The second-floor unit is currently occupied and is now available for showings daily. Please be respectful of the occupant and property during all showings. The property is expected to be delivered fully vacant at closing, giving the next owner flexibility to establish their own occupancy, leasing and improvement plans. The full basement includes an existing bathroom and offers additional space for storage, recreation or future improvements. Buyers should perform their own due diligence regarding zoning, permits, allowable uses and any contemplated improvements. Additional features include generous room sizes, a 2-car garage and convenient access to public transportation, parks, shopping and major roadways. With solid multifamily fundamentals already in place, 1315 N. Massasoit provides a strong foundation to build long-term value over time. Thoughtful upgrades may enhance the property, strengthen its appeal and create opportunities to build equity for tomorrow. Whether your strategy is to live in one unit and lease the other or add a Chicago multi-unit property to your investment portfolio, bring your vision and explore the possibilities. SOLD AS-IS. PROPERTY TO BE DELIVERED FULLY VACANT AT CLOSING. BRING YOUR VISION AND YOUR OFFER.

Highlights

Listed by Kesha Watson , 708-297-6599 Coldwell Banker Realty , 312-266-7000. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Year Built

1921

County

Cook

Area

CHI - Austin

School District

299

Listing ID

12695818

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
Appliances:Ceiling Fan(s)
Basement:Unfinished,Full
Water:Public

Exterior Features

Lot Dimensions:31.25 x 131
Garage Capacity:2
Zoning:MULTI
Sewer:Public Sewer
Parking Features:Garage Door Opener,Yes,Detached,Garage
Principal Interest
$2,318
Taxes
$481

Home Price

$432,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$86,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,317.88

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,317.88 $480.60 $0.00 $2,798.48
Yearly $27,814.60 $5,767.16 $0.00 $33,581.76
Total $834,438.10 $173,014.80 $0.00 $1,007,452.90
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T00:56:05.000Z

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