6058 S Massasoit Avenue, Chicago, IL
  • $650,000

Description

6058 S Massasoit Ave is a solid, all-brick 6-unit apartment building located in the highly desirable Midway Clearing/Garfield Ridge area neighborhood. This property offers a reliable investment opportunity with a strong rent roll, generating $5,975 in monthly income and a total of $71,700 annually. The building consists of 3 one bedroom apartments – and 3 two-bedroom apartments. On-site coin-operated laundry facility for added convenience and extra income. The property sits on a quiet, tree-lined street with alley access and ample parking, offering a comfortable residential environment. Midway Clearing/Garfield Ridge, is a stable and well-connected neighborhood, offering close proximity to Midway Airport, I-55, and I-294, as well as CTA bus routes and nearby retail, dining, and recreational options. The area’s commuter convenience and family-friendly setting contribute to steady rental demand. With strong income, low operating costs, and bonus revenue from the garage and laundry, this property is an ideal addition to any investor’s portfolio. Whether you’re expanding your holdings or seeking a dependable, income-producing asset, 6058 S Massasoit delivers long-term value in a high-demand rental market. All Tenants Except Basement Rear Pay Their Own Electric. 4 Units also pay for their Cooking Gas. Landlord pays heat for the whole building & 4 cooking gas accounts. Newer vinyl Windows 2011, 75 Gal HWT replaced 8/2017

  • Listing Courtesy of: Keller Williams Premiere Properties

Details

Updated on June 27, 2026 at 4:03 am
  • Property ID MRD12542131
  • Price $650,000
  • Land Area 0.09 Acres
  • Year Built 1927
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 19174120540000
  • MLS Status Active
  • Days On Market 170
  • Living Area 0.09
  • Cumulative Days On Market 320
  • Tax Annual Amount 10428
  • Directions 6 BLOCKS WEST OF CENTRAL AVE, TURN WEST ON 61ST INTERSECTION (CENTRAL/61ST ST) TO CORNER MASSASOIT & 61ST ST.
  • BuildingAreaTotal 4943
  • LotSizeSquareFeet 3906
  • StoriesTotal 2
  • Zoning MULTI
  • Address 6058 S Massasoit Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60638
  • Country United States

Overview

Property ID: MRD12542131
  • Multi Family
  • Property Type
  • 1927
  • Year Built

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