Corcoran Urban Real Estate
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9 Properties Within 0.5 miles of: 1218 N Mason, Chicago
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1218 N Mason
Chicago, IL 60651

  • 6 Beds
  • Built In 1918
Price

$445,000

Est Payment
$2,882 / month (details)  
Taxes
$7,635  
Beds
6  
Rooms
13  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25X125  
Built
1918  
Neighborhood
North Austin  
MLS
#12671092
Status
Active

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!

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Parking Spaces, Other, Yes, Owned, Parking included in price
Schools
Austin Community High School (299), Young Elementary School (299), Young Elementary School (299)

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Bus 70 0.1 mi
  • Bus 91 0.1 mi
  • Bus 85 0.5 mi
  • Bus 72 0.5 mi
  • Bus 86 0.5 mi
  • Bus 66 0.5 mi
  • Bus 57 1.0 mi
  • Bus 65 1.2 mi
  • Milwaukee West 1.0 mi
  • Green Line 1.1 mi
  • I 290 West 2.2 mi
  • I 290 East 2.2 mi
  • I 90 East 4.1 mi
  • I 94 East 4.1 mi
  • I 90 West 4.2 mi
  • I 94 West 4.2 mi
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