6058 S Massasoit Avenue
Chicago, IL, 60638
$675,000
Beds
0 Baths
0 SqFt
0.09 Acres
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$675,000
6058 S Massasoit Avenue
Chicago, IL, 60638
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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 $6,125 in monthly income and a total of $73,800 annually. The building consists of 5 one bedroom apartments – and 1 two-bedroom apartments. Additional revenue streams include a detached two-car brick garage that is rented separately, and an 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. 3 Units also pay for their Cooking Gas. Landlord pays heat for the whole building & 3 cooking gas accounts. All (Newer) Vinyl Windows 2011, 75 Gal HWT replaced 8/2017

Property Details

Price:
$675,000
MLS #:
MRD12398910
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – Clearing
Listed Date:
Jul 17, 2025
Total Sq Ft:
4,943
Lot Size:
3,906 sqft / 0.09 acres (approx)
Year Built:
1927
Chi – ClearingChi – Clearing

Schools

Interior

Exterior

Construction Materials
Brick
Roof
Rubber

Financial

Net Operating Income
$54,568
Tax Year
2023
Taxes
$6,789
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Sep 03, 2025
1,062
Commercial Listed
164
Avg DOM
152
Avg $ / SqFt
$1,039,376
Avg List Price

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Property Summary

    6058 S Massasoit Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60638. It is listed for $675,000 To schedule a showing of MLS#mrd12398910 at 6058 S Massasoit Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
6058 S Massasoit Avenue
Chicago, IL