1315 N Massasoit AvenueChicago, IL 60651

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.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Style

Contemporary

Year built

1921

Lot dimensions

31.25 x 131

Garage spaces

2

Parking spaces

2

Ownership

Fee Simple

Zoning

MULTI

Days on market

79

MLS^® Listing#

12695818

Property Features

Cooling

Ceiling Fan(s)

Heating

Hot Water

Basement

Unfinished · Full

Parking

Garage Door Opener · Other · Detached · Garage

Construction

Vinyl Siding · Brick

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$5,767Tax year 2024

Parcel number

16052210150000

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.