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!
Contingent
$445,000
1218 N Mason Ave, Chicago, IL 60651
5beds
--sqft
:
Get pre-qualified$3,352/mo
Multi Family
Built in 1918
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Classic built-insIn-law suiteWell-maintained vintage charm throughoutNewer appliances
- --
- on Zillow |
- 681
- views |
- 56
- saves |
Likely to sell faster than
Zillow last checked:
Listed by:
Melissa Dondalski 312-632-0380,
@properties Christie's International Real Estate,
Fernando Senisais Jr 312-813-1755,
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12671092
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Other, Yes, Owned
Lot
- Size: 3,125 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 16052240280000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $380,000
- Annual tax amount: $7,634
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2024 | Listing removed | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 10/19/2024 | Listed for rent | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 10/3/2023 | Sold | $409,492-10% |
Source:  MRED as distributed by MLS GRID #11771300 Report a problem | ||
| 8/16/2023 | Contingent | $455,000 |
Source: MRED as distributed by MLS GRID #11771300 Report a problem | ||
| 7/27/2023 | Price change | $455,000-1.1% |
Source: MRED as distributed by MLS GRID #11771300 Report a problem | ||
| 6/24/2023 | Price change | $460,000-1.1% |
Source: MRED as distributed by MLS GRID #11771300 Report a problem | ||
| 5/1/2023 | Listed for sale | $465,000 |
Source: MRED as distributed by MLS GRID #11771300 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $38,000 +58.3% |
| 2023 | $3,805 +3.7% | $24,000 |
| 2022 | $3,670 +78% | $24,000 |
| 2021 | $2,062 -3.1% | $24,000 +45% |
| 2020 | $2,127 +0.3% | $16,554 -12% |
| 2019 | $2,121 +1.5% | $18,812 |
| 2018 | $2,089 -6.6% | $18,812 +2.4% |
| 2017 | $2,237 -14.9% | $18,363 |
| 2016 | $2,628 +4% | $18,363 |
| 2015 | $2,526 +0.9% | $18,363 +0.2% |
| 2014 | $2,504 -12.3% | $18,325 |
| 2013 | $2,855 +0.5% | $18,325 |
| 2012 | $2,841 +6% | $18,325 -5.4% |
| 2011 | $2,680 +18.4% | $19,378 |
| 2010 | $2,264 +8% | $19,378 |
| 2009 | $2,096 -13.4% | $19,378 -17.9% |
| 2008 | $2,421 +18% | $23,589 |
| 2007 | $2,052 +10.5% | $23,589 -7.7% |
| 2006 | $1,858 -5.1% | $25,559 +46.6% |
| 2005 | $1,958 +1.9% | $17,429 |
| 2004 | $1,922 +4.5% | $17,429 |
| 2003 | $1,840 -5.4% | $17,429 +37.8% |
| 2002 | $1,945 +5.7% | $12,648 |
| 2001 | $1,840 +9.9% | $12,648 |
| 2000 | $1,674 +0.1% | $12,648 +18% |
| 1999 | $1,673 | $10,716 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: North Austin
Nearby schools
GreatSchools rating
- 3/10Young Elementary SchoolGrades: PK-8Distance: 0.4 mi
- NADouglass Academy High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Young Elementary School
- Middle: Young Elementary School
- High: Austin Community High School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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