1338 N Massasoit Avenue Chicago, IL $ 485,000
1338 N Massasoit Avenue
$ 485,000
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1338 N Massasoit Avenue

Chicago, IL, 60651
$ 485,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 2,986

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Multi-Family Home for sale in Chicago, IL

for $485,000 with 7 bedrooms and 3 full baths.

Lovely two-unit brick building located in the desirable and thriving North Austin neighborhood! This property is nestled on a quiet and beautiful block, and offers an excellent opportunity for both investors and owner-occupants that's seeking strong rental income potential. The building has been meticulously maintained and proudly owned by the same owner for over 30 years, reflecting consistent care and long-term stability. Both units feature updated kitchens and bathrooms. The first-floor unit offers three spacious bedrooms, while the second-floor unit includes two generously sized bedrooms with an identical layout. The nicely updated garden unit provides additional income potential. The additional living space comes complete with two bedrooms, a kitchen, one bathroom, and two separate entrances that offers flexibility for a third rental unit. The additional living space can also be utilized for extended family living or house hacking. Additional highlights include individual heating systems for each unit, central air, a new rubber tear off roof, upgraded chimney liner, and a new hot water heater that will help reduce owner expenses. Conveniently located with easy access to I-290 and I-294 Expressways, public transportation, Oak Park, shopping, dining, the Galewood AMC Theater, and more!

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Multi-Family Contingent

Price

$ 485,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,470

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12648115

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Brick
Township West Chicago
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 15
Status Contingent
Directions Take I-290 to Central Ave. Turn right on Central and proceed north to Potomac Ave. Turn left on Potomac and take to Massasoit.
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 4470
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 7
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 4092
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

aquatoneicep@gmail.com

Email

Affordability Calculator

$3,359
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
$373
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/26/2026$485,000 Listed Price

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1338 N Massasoit Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $485,000. 1338 N Massasoit Avenue has 7 bedrooms and 3.0 baths. The property's zip code is 60651 which is in Chicago, IL