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11 Properties Within 0.5 miles of: 6058 S Massasoit, Chicago
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6058 S Massasoit
Chicago, IL 60638

  • Built In 1927
Price

$675,000

Est Payment
$4,144 / month (details)  
Taxes
$6,789  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
31.8X126  
Built
1927  
Neighborhood
Clearing West  
MLS
#12398910
Status
Active (8 days)

Property 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 $6,125 in monthly income and a total of $73,800 annually. The building consists of 5 one bedroom apartments - and 1 two-bedroom apartments. Additional revenue streams include a detached two-car brick garage that is rented separately, and an 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. 3 Units also pay for their Cooking Gas. Landlord pays heat for the whole building & 3 cooking gas accounts. All (Newer) Vinyl Windows 2011, 75 Gal HWT replaced 8/2017

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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

Listing History

07-18-2025 Listed at $675,000
Last Modified 7/24/25 12:05 AM

Nearby Transportation

  • Bus 63W 0.3 mi
  • Bus 55A 0.3 mi
  • Bus 165 0.5 mi
  • Bus 55N 0.7 mi
  • Bus 62H 0.9 mi
  • Bus 62 0.9 mi
  • Bus 54B 1.2 mi
  • Bus 63 1.2 mi
  • I 55 South 1.9 mi
  • I 55 North 1.9 mi
  • Hwy 171 South 2.4 mi
  • Hwy 171 North 3.6 mi
  • I 294 South 4.8 mi
  • I 294 North 4.8 mi
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