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In-PersonVirtual Tour

Sarah Leonard

sarah@sarahleonardsells.com +1(224) 239-3966

$ 445,000

Est. payment | -/mo

6 Beds

3 Baths

Save Virtual Tour

$ 445,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

3 Baths

Open House

Sat Aug 01, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12695818

Style Contemporary

Bedrooms 6

Year Built 1921

Annual Tax Amount $5,767

Tax Year 2024

Lot Dimensions 31.25 x 131

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Austin

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Radiator(s)

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.homeatanywhere.com/1315-N-Massasoit-Ave-Chicago-IL-60651/index.html

Listed by Kesha Watson of Coldwell Banker Realty

GET MORE INFORMATION

Sarah Leonard

Broker | Owner

sarah@sarahleonardsells.com

+1(224) 239-3966

1315 N Massasoit AVE N Chicago, IL 60651

Sarah Leonard

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

1315 N Massasoit AVE N