1315 N Massasoit Avenue, Chicago IL 60651
$432,000

Request Private Showing

Property 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.

Features & Information

Key Details

  • List Price $432,000
  • Property Taxes $5,767
  • Year Built 1921
  • Status Active
  • List Market Time 85

Units

  • Unit 1

  • Floor 1
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
  • Tenant Pays All
  • Lease Expires N/A
  • Unit 2

  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator, Window Air Conditioner, Hardwood Floors
  • Tenant Pays All
  • Lease Expires N/A

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 100+ Years

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property 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.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 5767.16
  • Tax Year 2024
  • Parcel Identification Number 16052210150000

Listed by Kesha Watson for Coldwell Banker Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/2/2026 1:32 PM. 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.

Explore North Austin

A diverse neighborhood of wide streets and single-family homes, North Austin is anchored by beautifully landscaped parks and recreation facilities. Long rows of brick bungalows and wood-frame houses epitomize North Austin, which has a limited amount of commercial business and nightlife. Instead, this west side Chicago community loves its tranquility and undeveloped nature. Public parks and playlots cover acres of neighborhood land with greenery, athletic fields, tennis and volleyball courts, jogging and walking paths, playground equipment and even an outdoor swimming pool. The indoor park facilities provide North Austin residents with gyms, meeting rooms and an auditorium.

Mortgage Calculator

  • List Price${ formatCurrency(listPrice) }
  • Taxes${ formatCurrency(propertyTaxes) }
  • Assessments${ formatCurrency(assessments) }
  • List Price
  • Taxes
  • Assessments
${ formatCurrency(price) }
${ selectedInterestRate }%
${ downPaymentPercent }%

Estimated Monthly Payment

${ formatCurrency(monthlyTotal) } / month

  • Principal & Interest${ formatCurrency(monthlyPrincipal) }
  • Taxes${ formatCurrency(monthlyTaxes) }
  • Assessments${ formatCurrency(monthlyAssessments) }

All calculations are estimates for informational purposes only. Actual amounts may vary.

Nearby Properties

Share this Listing

Share this Listing