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$ 445,000
Est. payment /mo
New
1218 N Mason AVE Chicago, IL 60651
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12671092
Bedrooms 6
Year Built 1918
Annual Tax Amount $7,634
Tax Year 2024
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Chi - Austin
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
Elementary Schools Young Elementary School
Middle Schools Young Elementary School
High Schools Austin Community High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Melissa Dondalski of @properties Christie's International Real Estate