1315 N Massasoit Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.

Listing Agent

  1. Kesha Watson

    Kesha Watson

    Listing Agent

    Coldwell Banker Real Estate LLC

    P: (708)-297-6599

Property Details for 1315 North Massasoit Avenue

Area
CHI - Austin
Township
West Chicago
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Radiator(s)
Architectural Style
Contemporary

Open Houses

Saturday, Aug 1st11:00 AM - 1:00 PM
LISTING UPDATED: 07/10/2026 09:26 AM

Property Details for 1315 North Massasoit Avenue

StatusNew
MLS #12695818
Days on Market3
Taxes$5,767 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1921
Lot Size0.09 AC / 4,093 SF
CountyCook County

Location

Add your commute

Building Information for 1315 North Massasoit Avenue

Stories-Residences2Year Built1921Building Size-Lot Size0.09 AC / 4,093 SF

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$2,698 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,217

Property Taxes

$481

HOA Dues

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Property Information for 1315 North Massasoit Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Garage Door Opener, Yes, Other, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms Total: 6
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 6
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: Ceiling Fan(s)
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: 4.0-4.99 Acres
  • Lot Dimensions: 31.25 x 131
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Brick
  • Construction: Vinyl Siding, Brick
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 1
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 5
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 5
  • Document Date: 2026-07-09T21:51:33
  • Photos Count: 17
  • Habitable Residence: Yes
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Other Media
Multi Family
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: N/A
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: N/A

Property History for 1315 North Massasoit Avenue

DateEvent & SourcePriceAppreciation
Jul 9, 2026

Listed (Active)

MRED #12695818

$445,000
DateEvent & SourcePrice
07/09/2026

Listed (Active)

MRED #12695818

$445,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1315 North Massasoit Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Young Elementary School
PublicPK to 8

Austin College and Career Acad High School
Public9 to 12

Douglass Academy High School
Public9 to 12

Noble St Charter-Itw Speer Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

1315 North Massasoit Avenue is a multi-family home for sale in Chicago, IL 60651. This property was listed for sale on July 9, 2026 by Coldwell Banker Real Estate LLC, it's currently listed at $445,000. This listing's school district is Chicago Public Schools. Nearby schools include Young Elementary School, Austin College and Career Acad High School and Douglass Academy High School. 1315 North Massasoit Avenue is a 6-bed, 3-bath, multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/10/2026 09:26 AM. 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.