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$435,000
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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!
Full Property Details
Full Property Details for 1218 N Mason Ave
General
- Sold For: $435,000
- Taxes: $7,634 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12671092
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 2
- Parking Features: Other, Yes, Owned
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: Austin North to Hirsch, West on Hirsch, South on Mason
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Young Elementary School
- Middle School: Young Elementary School
- High School: Austin Community High School
- Private School: Austin Community High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1918
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1918
- Tax Amount: $7,634.5
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16052240280000
Listed by @properties Christie's International Real Estate
Sold by Berkshire Hathaway HomeServices Starck Real Estate
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Schools
Schools serving 1218 N Mason Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Young Elementary School 1434 North Parkside Avenue, Chicago, IL 60651 | PK-8 | 0.4 mi |
Douglass Academy High School 543 North Waller Avenue, Chicago, IL 60644 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
1218 N Mason Avenue, Chicago, IL 60651 (MLS# 12671092) is a Multi-Family property that was sold at $435,000 on August 28, 2026. Want to learn more about 1218 N Mason Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

