1315 N Massasoit Avenue Chicago, IL $ 432,000
1315 N Massasoit Avenue
$ 432,000
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1315 N Massasoit Avenue

Chicago, IL, 60651
$ 432,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 2,984

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Multi-Family Home for sale in Chicago, IL

for $432,000 with 6 bedrooms and 3 full baths. This home was built in 1921.

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.

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Multi-Family Contingent

Price

$ 432,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,767

Style

Contemporary

Year Built

1921

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12695818

Features
General
Sewer Public Sewer
Heating Radiator(s)
Possession Closing
Zoning MULTI
Garage Spaces 2
Architectural Style Contemporary
Construction Materials Vinyl Siding Brick
Year Built 1921
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 12
Status Contingent
Directions Conveniently located just north of I-290. From I-290 exit Austin Blvd north to North Ave west to Massasoit Ave then north to property. Easy access from I-90/94 I-55 and I-294.
City Chicago
High School District 299
MLS Area CHI - Austin
Tax Annual Amount 5767.16
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Yes Other Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 31.25 x 131
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Coldwell Banker Realty

Broker

kesha.watson@cbrealty.com

Email

Affordability Calculator

$3,464
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,984
Monthly Property Taxes
$481
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/25/2026$432,000 -1.82% Price Down
8/31/2026$440,000 -1.12% Price Down
7/9/2026$445,000 Listed Price

Map


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1315 N Massasoit Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $432,000. 1315 N Massasoit Avenue has 6 bedrooms, 3.0 baths, and was built in 1921. The property's zip code is 60651 which is in Chicago, IL