Under Contract

1338 N Massasoit Avenue

Chicago, IL 60651
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Bed 7

Bed

Bath 3

Bath

Lovely two-unit brick building located in the desirable and thriving North Austin neighborhood! This property is nestled on a quiet and beautiful block, and offers an excellent opportunity for both investors and owner-occupants that's seeking strong rental income potential. The building has been meticulously maintained and proudly owned by the same owner for over 30 years, reflecting consistent care and long-term stability. Both units feature updated kitchens and bathrooms. The first-floor unit offers three spacious bedrooms, while the second-floor unit includes two generously sized bedrooms with an identical layout. The nicely updated garden unit provides additional income potential. The additional living space comes complete with two bedrooms, a kitchen, one bathroom, and two separate e ntrances that offers flexibility for a third rental unit. The additional living space can also be utilized for extended family living or house hacking. Additional highlights include individual heating systems for each unit, central air, a new rubber tear off roof, upgraded chimney liner, and a new hot water heater that will help reduce owner expenses. Conveniently located with easy access to I-290 and I-294 Expressways, public transportation, Oak Park, shopping, dining, the Galewood AMC Theater, and more!

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Detail Ic Property Details

Property Type : Residential Income

Price : $485,000

AD Id : 79181654

MLS Id : MRD12648115

Beds : 7

Year Built : --

Garage : 2

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 7

    Bathroom Information

    Total Baths: 3

    Room Information

    Rooms Total: 15
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas WaterSource: Lake Michigan, Public

  • Lot Information

    Lot Dimensions: 4092 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$485000

  • Tax Information

    Annual Tax: $4470 Tax Year: 2024 Parcel Number: 16052200190000 Tax Exemption: Homeowner

  • Parking Information

    Total Parking: 2 Yes, Garage Owned, Detached, Garage

    Garage Information

    Garage Space: 2

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan, Public
  • Location Information

    City: Chicago Direction: Take I-290 to Central Ave. Turn right on Central and proceed north to Potomac Ave. Turn left on Potomac and take to Massasoit.
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Nearby Home Value

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5444 W Walton Avenue, Chicago, IL, 60651 $220,000 5 2 --
850 N Keystone Avenue, Chicago, IL, 60651 $365,000 4 2 1,799 1,799 SqFt
907 N Leamington Avenue, Chicago, IL, 60651 $374,999 4 4 1,900 1,900 SqFt
1132 N Waller Avenue, Chicago, IL, 60651 $439,900 5 3 1,800 1,800 SqFt
1325 N Long Avenue, Chicago, IL, 60651 $489,900 6 3 --
5009 W Chicago Avenue, Chicago, IL, 60651 $179,900 4 1 924 924 SqFt
5359 W Potomac Avenue, Chicago, IL, 60651 $499,000 7 3 --
5948 W Walton Street, Chicago, IL, 60651 $199,900 3 2 1,000 1,000 SqFt
820 N Monticello Avenue, Chicago, IL, 60651 $699,999 6 3 --
848 N Latrobe Avenue, Chicago, IL, 60651 $485,990 5 2 --
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ByOwner last updated this listing 06/22/2026 @ 06:20

MLS: MRED #12648115 LISTED BY: Aquatoneice Percy, Coldwell Banker Realty 773-451-1200 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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