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 Details
Price:
$432,000
MLS #:
MRD12695818
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chiaustin
Listed Date:
Jul 9, 2026
Year Built:
1921
See this Listing
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
Map
Community
- Address1315 N Massasoit Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60651
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 07, 2026
1,369
Multi Family Listed
76
Avg DOM
$530,624
Avg List Price
Property Summary
- 1315 N Massasoit Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60651. It is listed for $432,000
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Copyright 2026. All rights reserved.
1315 N Massasoit Avenue
Chicago, IL


