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Six-Unit Brick Apartment Building
For Sale
$650,000
Pending

6058 S Massasoit Avenue, Chicago, IL 60638

The property combines one- and two-bedroom apartments with on-site laundry and alley access.

Property Size4,943 SF
Days on Market16

Property Features for 6058 S Massasoit Avenue

General Information

Standard status Pending
Size 4,943 SF
Property subtype Commercial
Zoning MULTI

Taxes and HOA fees

Annual Taxes $10,428

Building Details

Building Size 4,943 SF
Year Built 1927
Stories 2
Units 6
Listing Agency: Keller Williams Premiere Properties
Listed By: Sergio Hernandez
Source: Jjillrealtygroup
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 29 at 1:47PM

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.

Built in 1927, this all-brick apartment property contains six units arranged as three one-bedroom apartments and three two-bedroom apartments. An on-site coin-operated laundry room provides an additional building amenity, while the property also includes a garage and parking. The building has newer vinyl windows installed in 2011 and a 75-gallon hot water tank replaced in August 2017.

Located at 6058 S Massasoit Avenue in Chicago, the property offers alley access and sits near Midway Airport, I-55, I-294, CTA bus routes, retail, dining, and recreational options. The MULTI zoning supports its multifamily configuration. Utility responsibilities are divided between ownership and tenants, with the landlord providing building heat and four cooking-gas accounts; most tenants pay their own electric service.

Key Highlights

  • Six‑unit apartment building with three one‑bedroom and three two‑bedroom units
  • All‑brick construction dating to 1927
  • Coin‑operated laundry facility on site

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center Dental Office (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

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

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 - The property combines one- and two-bedroom apartments with on-site laundry and alley access.
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: Six‑unit apartment building with three one‑bedroom and three two‑bedroom units; All‑brick construction dating to 1927; Coin‑operated laundry facility on site
More about this property
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