6058 South Massasoit AvenueChicago, IL 60638Price: $675,000

  • Price: $675,000
  • 53 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1927Year Built

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Great Investment Opportunity - Income Producing Property. Well Maintained 6-Unit Brick Building. Cash-Flowing Asset in the Midway Clearing/Garfield Ridge area With A Low Cost Basis. Chicago Property Taxes, Not As In The Suburbs. Great Rental Area Close To Schools, Shopping & Public Transportation. Fully Rented With No Vacancy. 1 Unit - 2 Bdrms, 5 Units - 1 Bdrm, Coin Laundry & The Rented Two-Car Brick Garage Also Brings Extra Income For The Owner. Property Owned & Carefully Maintained For Over 17 Years. All Tenants On Month To Month Leases. No Written Leases To Pass On To The New Buyer. 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. Serious Buyers Please...Excellent Location.

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Listed by Veronica Padilla of RE/MAX 10

Based on information submitted to MRED  as of November 27, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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