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1653 N Mason Ave
Multi-Family
New
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$500,000

1653 N Mason Ave, Chicago

58% below median
6 bd·2 ba·0 sqft
Built 1921Austin

1653 N Mason Ave, Chicago, IL

6 bd · 2 ba · 0 sqft Multi-Family listed at $500,000, built in 1921 in the Austin neighborhood.

About this home

Excellent investment opportunity in Chicago! This well-maintained 2-unit building offers approximately 3,900 sq ft of living space and is ideal for investors or owner-occupants. Each unit features 3 bedrooms, 1 full bath, and spacious layouts with a total of 5 rooms per unit. The property includes a full finished basement with 2 additional bedrooms Separate utilities for the first and second floors add convenience and efficiency. Unit 2 is equipped with central air, and there is a washer and dryer hookup on the second floor. Enjoy modern updates throughout, including hardwood floors, stainless steel appliances, and a well-kept interior. Exterior improvements include a newer garage. This property has been well cared for and offers strong income potential in a desirable location. Don't miss this versatile, income-generating property!

Property details

Price
$500,000
Bedrooms
6
Bathrooms
2
Year built
1921
Type
Multi-Family
Days on market
22
Est. property tax
$10,400/yr · $867/mo · 2.08% IL avg
Last sold
$58,500 · Jan 2013

Estimated monthly payment

Down payment20% ($100,000)
Interest rate6.75%
Principal & Interest$2,594
Property Tax$458
Insurance$150
Total$3,203/mo

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Price history

$544K$279K$14K$60K on Aug 81 (Sold)$59K on Jan 13 (Sold)$500K on Apr 26 (Initial list)
$60K · Aug 81$500K · Apr 26
  1. Apr 3, 2026$500,000Initial list price
  2. Jan 28, 2013$58,500Sold
  3. Aug 5, 1981$60,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60639)

Median age is 35.5; 10% hold a bachelor's degree; 48% of homes are owner-occupied; median household income is $54,969.

Median income
$54,969
Median age
35.5
Owner-occupied
47.5%
Bachelor's degree
10.3%
Census median home value
$279,400

Source: US Census Bureau American Community Survey 5-year estimates.

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