All-Brick 6-Unit Apartment
For Sale
$650,000
6058 S Massasoit Avenue, Chicago, IL 60638
All-brick 6-unit building with 3 one-bed and 3 two-bed apartments plus on-site coin laundry.
Property Size4,943 SF
Days on Market30
Property Features for 6058 S Massasoit Avenue
General Information
Standard status
Active
Size
4,943 SF
Property subtype
Commercial
Zoning
MULTI
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$10,428
Building Details
Building Size
4,943 SF
Year Built
1927
Stories
2
Units
6
Tenancy
Multi
Listing Agency:
Keller Williams Premiere Properties
(630) 545-9860
Listed By:
Sergio Hernandez
(630) 545-9860
Source:
Perillorealestategroup
Added: Jul 12
Changed: Aug 8
Last Checked: Aug 9 at 1:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Premiere Properties
Investment Insights
Based on property information with market context.
This all-brick 6-unit apartment building includes 3 one-bedroom apartments and 3 two-bedroom apartments. The property offers an on-site coin-operated laundry facility. Parking is described as ample, and the building has alley access.
Located on a quiet, tree-lined street in the Midway Clearing/Garfield Ridge area, the property provides close proximity to Midway Airport, I-55, and I-294, along with CTA bus routes and nearby retail, dining, and recreational options.
Additional operating details provided include that all tenants except the basement rear pay their own electric, and 4 units also pay for their cooking gas, while the landlord pays heat for the whole building and for 4 cooking gas accounts. The building has newer vinyl windows (2011) and a 75-gallon water heater replaced in 8/2017.
Located on a quiet, tree-lined street in the Midway Clearing/Garfield Ridge area, the property provides close proximity to Midway Airport, I-55, and I-294, along with CTA bus routes and nearby retail, dining, and recreational options.
Additional operating details provided include that all tenants except the basement rear pay their own electric, and 4 units also pay for their cooking gas, while the landlord pays heat for the whole building and for 4 cooking gas accounts. The building has newer vinyl windows (2011) and a 75-gallon water heater replaced in 8/2017.
Key Highlights
- All‑brick 6‑unit apartment building built in 1927, with 3 one‑bedroom and 3 two‑bedroom units
- Strong stated income: $5,975 per month and $71,700 annually
- On‑site coin‑operated laundry facility for added rental income
Property Analytics
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 60638, IL
56,928
Population
21,636
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,129
Density / Sq Mi
$89,191
Median Household Income
$50,902
Median Earnings
$1,327
Median Rent
$283,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - All-brick 6-unit building with 3 one-bed and 3 two-bed apartments plus on-site coin laundry.
Where is this apartment building located?
The property is located at 6058 S Massasoit Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: All‑brick 6‑unit apartment building built in 1927, with 3 one‑bedroom and 3 two‑bedroom units; Strong stated income: $5,975 per month and $71,700 annually; On‑site coin‑operated laundry facility for added rental income
