1315 N Massasoit Avenue N Chicago, IL $ 445,000
1315 N Massasoit Avenue N
$ 445,000
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1315 N Massasoit Avenue N

Chicago, IL, 60651
$ 445,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 2,810

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Multi-Family Home for sale in Chicago, IL

for $445,000 with 6 bedrooms and 3 full baths. This home was built in 1921.

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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Multi-Family Active

Price

$ 445,000

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
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
Total Rooms 12
Status New
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
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 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

$3,290
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,810
Monthly Property Taxes
$481
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/9/2026$445,000 Listed Price

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1315 N Massasoit Avenue N, Chicago, IL, 60651 is a Multi-Family Home for sale at $445,000. 1315 N Massasoit Avenue N has 6 bedrooms, 3.0 baths, and was built in 1921. The property's zip code is 60651 which is in Chicago, IL