1218 N Mason Ave

Chicago, IL 60651
  • $445,000

    Price
  • 6

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 85774 - 877836,881228

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!

Listing Highlights

Status Active
Days on Site 37
Property Type Multi-Family
MLS ® 12671092
Year Built 1918
Total Square Footage 0
Lot/Acreage 25X125
County Cook
School District 299
Elementary School Young Elementary School
Middle School Young Elementary School

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Owned

Financial Details

  • Tax Amount: $7,634
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16052240280000
  • Tax Year: 2024

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1218 N Mason Ave Chicago, IL 60651

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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