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Legal 5-Unit Apartment Building
For Sale
$900,000

6044 N Mozart Street, Chicago, IL 60659

Legal 5-unit building with updated mechanicals, rear laundry addition, and multiple exterior parking options on an extra-wide lot.

Property Size6,381 SF
Lot Size0.19 Acres
Price / SF$141.04
Days on Market38

Property Features for 6044 N Mozart Street

General Information

Standard status Active
Size 6,381 SF
Total Parking Spaces 6
Lot size 0.19 Acres
Property subtype Commercial
Zoning MULTI

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $16,073

Amenities

laundry room
storage area
backyard

Building Details

Building Size 6,381 SF
Year Built 1949
Stories 3
Units 5
Tenancy Multi
Listing Agency: Real People Realty
Listed By: Ryan Luu · License #471022102
Source: Gia-sells
Added: Jul 20 Changed: Aug 23 Last Checked: Aug 25 at 8:11AM

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 Real People Realty

Investment Insights

Based on property information with market context.

Legal 5-unit apartment building on an extra-wide lot in Chicago. All five apartments are above grade. A rear addition is currently used as a coin-operated laundry room and storage area, and it may offer flexibility for additional income-producing space or an added unit (subject to zoning and municipal approval).

The property includes a 2-car garage, four additional exterior parking spaces, and a large backyard. Unit mix consists of three east-side units with 2 bedrooms plus den and 1.5 baths, and two west-side units with 2 bedrooms and 1.5 baths. Unit 1W has forced-air HVAC; the remaining units are heated by radiators and include window air conditioning units.

Updates and building systems include six updated electrical panels and a newer Weil-McLain boiler, with two gas meters—one dedicated to Unit 1W and one serving the common areas and building. Tenant utilities are separately metered as follows: Unit 1W tenants pay their own gas and electric, while the remaining units pay electricity for lighting and electric cooking, with heat provided by the building. The building is occupied by long-term tenants with below-market rents.

Key Highlights

  • Legal 5‑unit apartment building built in 1949
  • Extra‑wide 66' x 124' lot with a 2‑car garage and 4 additional exterior parking spaces
  • Rear addition currently used as a coin‑operated laundry room and storage area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Skin Care Clinic Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,906
Businesses Nearby

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Legal 5-unit building with updated mechanicals, rear laundry addition, and multiple exterior parking options on an extra-wide lot.
Where is this apartment building located?
The property is located at 6044 N Mozart Street Chicago, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Legal 5‑unit apartment building built in 1949; Extra‑wide 66' x 124' lot with a 2‑car garage and 4 additional exterior parking spaces; Rear addition currently used as a coin‑operated laundry room and storage area
More about this property
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