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    1622 N Mason Ave Chicago, IL 60639

    Under Contract
    For Sale
    $389,900

    Residential Income - Chicago, IL

    Days on Market:
    41
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 1622 N Mason Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    13324100250000
    Parking
    2

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1922
    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Tameka Lewis-Madkins (708) 798-1111 License #475167275

    Listing date Oct 28, 2025

    MLS# 12125204 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

    Multifamily Property with In-Law Suite

    This multifamily property in Chicago, Illinois, features 6 bedrooms and 4 bathrooms. The property includes updated kitchens and bathrooms, along with a convenient in-law suite. The property is being offered as-is and requires some TLC. It is currently in pursuit of a short sale, so allow time for bank response. The property will not pass FHA inspection. The intended use of the property is residential income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -87.7743582
    Latitude
    41.9100592

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    FAQs

    What type of property is this?
    Multifamily property - Spacious Chicago multifamily property with updated features and in-law suite.
    Where is this multifamily property located?
    The property is located at 1622 N Mason Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: - Spacious multifamily property featuring 6 bedrooms and 4 bathrooms.; - Includes a convenient in-law suite.; - Updated kitchens and bathrooms.
    (708) 798-1111
    Request Owner's contact information
    1622 N Mason Ave Chicago, IL 60639
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    Chicago, IL 60639
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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
    1622 N Mason Ave Chicago, IL 60639
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