1218 N Mason Avenue
Chicago, IL, 60651
$445,000
6 Beds
3 Baths
0 SqFt
0 Acres
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MLS #MRD12671092 image #0
Exceptional investment opportunity in the heart of Austin! This impressive all-BRICK 2-flat with an in-law suite offers strong income potential, currently generating over $55,300+ annually. Ideal for investors or owner-occupants seeking additional rental income. The main level features TWO spacious bedrooms, and one full bath. All units have separate living and dining rooms, beautiful original HARDWOOD floors and woodwork, and classic built-ins. The renovated lower level is duplexed to the first floor, offering flexible living arrangements as a duplex-down or a spacious TWO-bedroom, one-bath in-law suite with a private rear entrance. The second-floor unit includes THREE generously sized bedrooms and one full bath, and is currently producing $19,200 in annual rental income. Both units feature newer appliances and well-maintained vintage charm throughout. Conveniently located near local restaurants, shopping, public transportation, parks, and everything Austin has to offer. A turnkey opportunity with excellent cash flow and long-term upside! Contact Fernando & schedule your showing today!

Property Details

Price:
$445,000
MLS #:
MRD12671092
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
Jun 9, 2026
Year Built:
1918
Chi – AustinChiaustinYoung Elementary SchoolYoung Elementary SchoolAustin Community High School

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Schools

School District:
299
Elementary School:
Young Elementary School
Middle School:
Young Elementary School
High School:
Austin Community High School

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Other, Yes, Owned
Parking Spots
2
Parking Total
2

Financial

Tax Year
2024
Taxes
$7,635

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Jun 14, 2026
1,398
Multi Family Listed
80
Avg DOM
$529,071
Avg List Price

Property Summary

    1218 N Mason Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $445,000

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