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    1415 N Massasoit Ave Chicago, IL 60651

    Under Contract
    For Sale
    $439,000

    Residential Income - Chicago, IL

    Days on Market:
    12
    Last Refresh:
    Dec 10 at 7:06 pm

    Property Features for 1415 N Massasoit Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    16052130140000
    Parking
    2

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1918
    Roof type
    Flat
    Architectural style
    Other

    Real People Realty (708) 634-0103 [email protected]

    Listing agent Nube Lema (708) 634-0103 License #475174984

    Listing date Nov 29, 2025

    MLS# 12518666 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Two-Unit Building For Sale

    This well-maintained two-unit building presents an excellent investment or owner-occupant opportunity in Chicago's Austin neighborhood. Each apartment features 2 bedrooms, 1 full bath, hardwood floors, and spacious living and dining rooms. An updated enclosed porch, new windows, and an eat-in kitchen with a gas fireplace enhance the living spaces. The property includes two extra bedrooms located on the enclosed porch, offering flexible space. The basement is ready for further development, suitable for extended living space, recreation areas, or related living. A detached 2-car garage adds value. The property is conveniently located near public transit, schools, and restaurants. The building is in outstanding condition and is being sold as-is. This property is ideal for buyers looking to live in one unit and investors seeking strong rental potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.769094
    Latitude
    41.9062194

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit building in Austin neighborhood, Chicago.
    Where is this duplex located?
    The property is located at 1415 N Massasoit Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $439,000.
    What are key features of this property?
    This property features: - Two-unit building: Ideal for owner-occupants or investors.; - Each unit features 2 bedrooms, 1 bath, hardwood floors, spacious living/dining rooms, updated enclosed porch, new windows, and eat-in kitchen with gas fireplace.; - Additional flexible space: Two extra bedrooms located on the enclosed porch.
    (708) 634-0103
    Request Owner's contact information
    1415 N Massasoit Ave Chicago, IL 60651
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    Chicago, IL 60651
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1415 N Massasoit Ave Chicago, IL 60651
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