6058 S Massasoit Avenue
Chicago, IL, 60638
$650,000
7 Beds
4 Baths
0 SqFt
0.09 Acres
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MLS #MRD12542131 image #0
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

Property Details

Price:
$650,000
MLS #:
MRD12542131
Status:
Active
Beds:
7
Baths:
4
Type:
Commercial
Neighborhood:
chiclearing
Listed Date:
Jan 8, 2026
Total Sq Ft:
4,943
Lot Size:
3,906 sqft / 0.09 acres (approx)
Year Built:
1927
Chi – ClearingChiclearing

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Schools

Interior

Exterior

Construction Materials
Brick
Roof
Rubber
Stories
2

Financial

Net Operating Income
$48,829
Tax Year
2024
Taxes
$10,428

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of May 15, 2026
898
Commercial Listed
190
Avg DOM
$1,024,361
Avg List Price

Property Summary

    6058 S Massasoit Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60638. It is listed for $650,000

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6058 S Massasoit Avenue
Chicago, IL