6-Unit Brick Apartment
New
For Sale
$650,000
6058 S Massasoit Avenue, Chicago, IL 60638
The six apartments include an even mix of one-bedroom and two-bedroom layouts.
Property Size4,943 SF
Price / SF$131.50
Days on Market5
Property Features for 6058 S Massasoit Avenue
General Information
Standard status
Active
Size
4,943 SF
Property subtype
Commercial
Zoning
MULTI
Site & Location
Neighborhood
Clearing
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
3 x 1BR, 3 x 2BR
Multifamily Units
6
Individually Metered Utilities
electricity, gas
Additional Details
Gross Income
$71,700
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$10,428
Amenities
on-site coin-operated laundry
garage
Building Details
Building Size
4,943 SF
Year Built
1927
Buildings
1
Stories
2
Units
6
Construction
all-brick
Listing Agency:
Keller Williams Premiere Properties
Listed By:
Sergio Hernandez
(630) 545-9860
Source:
Fishmangroup
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 1:23PM
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
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Investment Insights
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This 4,943-square-foot, all-brick apartment property was built in 1927 and contains six units: three one-bedroom apartments and three two-bedroom apartments. A coin-operated laundry facility serves the building. Vinyl windows were installed in 2011, and the 75-gallon hot water heater was replaced in August 2017. The property is zoned MULTI and includes a garage and on-site parking, with alley access.
Located at 6058 S Massasoit Avenue in Chicago, the building is near Midway Airport, I-55, I-294, CTA bus routes, retail, dining, and recreational options. The landlord provides building heat and cooking gas for four accounts. All tenants except the basement rear unit pay their own electric, and four units pay for their cooking gas.
Located at 6058 S Massasoit Avenue in Chicago, the building is near Midway Airport, I-55, I-294, CTA bus routes, retail, dining, and recreational options. The landlord provides building heat and cooking gas for four accounts. All tenants except the basement rear unit pay their own electric, and four units pay for their cooking gas.
Key Highlights
- Six apartments: three one‑bedroom units and three two‑bedroom units
- 4,943 square feet; constructed in 1927
- Coin‑operated laundry, garage, on‑site parking, and alley access
Property Analytics
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Lease Details
6
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The six apartments include an even mix of one-bedroom and two-bedroom layouts.
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 apartments: three one‑bedroom units and three two‑bedroom units; 4,943 square feet; constructed in 1927; Coin‑operated laundry, garage, on‑site parking, and alley access
