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About This Home

This 11-bedroom, 0-bathroom residential multi family at 6058 S Massasoit Avenue in Chicago, IL is listed for $650,000. Built in 1927, on a 0.09 acres lot.

Agent 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 $5,975 in monthly income and a total of $71,700 annually.

The building consists of 3 one bedroom apartments - and 3 two-bedroom apartments. 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. 4 Units also pay for their Cooking Gas. Landlord pays heat for the whole building & 4 cooking gas accounts. Newer vinyl Windows 2011, 75 Gal HWT replaced 8/2017

Key Features

  • Built in 1927
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
6 full
1927

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

6058 S Massasoit Avenue

Chicago, IL 60638

Property Details

Construction

Brick

Questions & Answers

This 11-bedroom, 0-bathroom residential multi family at 6058 S Massasoit Avenue is listed at $650,000. The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.

Key features include: Built in 1927, 0.09 acre lot, 2 stories.

This property is listed by Sergio Hernandez and can be reached at (630) 545-9860 or sergio.realtor.84@gmail.com.

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SH

Sergio Hernandez

Agent at Keller Williams Premiere Properties

(630) 545-9860

Listed by Keller Williams Premiere Properties · View on Broker Site

MLS# 12542131· Source: listhub· Updated 92 days ago

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6058 S Massasoit Avenue, Chicago, IL 60638

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