1315 N Massasoit Avenue
Chicago, IL, 60651
$445,000
6 Beds
3 Baths
0 SqFt
0 Acres
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$445,000
1315 N Massasoit Avenue
Chicago, IL, 60651
MLS #MRD12695818 image #0MLS #MRD12695818 image #1MLS #MRD12695818 image #2MLS #MRD12695818 image #3MLS #MRD12695818 image #4MLS #MRD12695818 image #5MLS #MRD12695818 image #6MLS #MRD12695818 image #7MLS #MRD12695818 image #8MLS #MRD12695818 image #9MLS #MRD12695818 image #10MLS #MRD12695818 image #11MLS #MRD12695818 image #12MLS #MRD12695818 image #13MLS #MRD12695818 image #14MLS #MRD12695818 image #15MLS #MRD12695818 image #16
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.

Property Details

Price:
$445,000
MLS #:
MRD12695818
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
Jul 9, 2026
Year Built:
1921
ContemporaryChi – AustinChiaustin

Schools

School District:
299

Interior

Heating
Radiator(s)

Exterior

Architectural Style
Contemporary
Construction Materials
Vinyl Siding, Brick
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Other, Detached, Garage
Parking Spots
2
Parking Total
2

Financial

Tax Year
2024
Taxes
$5,767
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Jul 21, 2026
1,419
Multi Family Listed
82
Avg DOM
$521,950
Avg List Price

Community

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Property Summary

    1315 N Massasoit Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $445,000 To schedule a showing of MLS#mrd12695818 at 1315 N Massasoit Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1315 N Massasoit Avenue
Chicago, IL