6058 South Massasoit, Chicago IL 60638
Property 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 $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, Complete Tear Off Roof 01/21/2016
Features & Information
Key Details
- List Price $675,000
- Property Taxes $6,789
- Price/ Sq. Ft. Unavailable
- Year Built 1927
- Status New
Building Information
- Age of Building Older
- Exterior Construction Brick
- Heating & Cooling Gas, Radiators, Steam, Baseboard
Location
- County Cook
- Directions to Property 6 Blocks West Of Central Ave, Turn West On 61st Intersection (central/61st St) To Corner Massasoit & 61st St.
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Property Taxes
- Tax 6789
- Parcel Identification Number 19174120540000
Listed by Sergio Hernandez for Coldwell Banker Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 7/18/2025 8:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Clearing
Tucked away on Chicago's southwest side, Clearing offers quiet tree-lined streets and single-family homes with picket fences and green yards. Providing ample indoor (and outdoor) living space in an urban setting, the Clearing neighborhood offers an ideal locale to start and raise a family. Several community parks create a recreation haven for area residents to enjoy fresh air and get in some exercise. Sports leagues are always a fun way to meet people and practice your favorite sport, or if you prefer to go it alone, you can workout at the neighborhood fitness facilities in the Hale Park field house. Clearing's stretch of delicious dining options on 63rd Street covers all the bases with everything from charming pastry shops to Polish buffets to the must-have neighborhood pizza delivery joint. And that's not all!
Read More About Clearing...
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