6050 N Washtenaw Avenue Chicago, IL ^$ 900,000

6050 N Washtenaw Avenue

^$ 900,000

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6050 N Washtenaw Avenue

Chicago, IL, 60659

^$ 900,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 5,683

6050 N Washtenaw Avenue, Chicago, IL 60659 - Image 1

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6050 N Washtenaw Avenue, Chicago, IL 60659 - Image 11

Multi-Family Home for sale in Chicago, IL

for $900,000 with 3 bedrooms. This home was built in 1965.

Unique opportunity to own a five-unit multifamily building at 6050 N. Washtenaw in the desirable West Ridge neighborhood. This income-producing property features three spacious 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Recent capital improvements include a newer roof and newer tuckpointing, offering added value and peace of mind. Tenants pay their own gas and electric, helping to minimize owner expenses. The property also includes a 2-car garage, an additional parking pad, and ample storage throughout the building. Until the two 1-bedroom tenants moved out, it was generating approximately $7,050 in monthly rental income, with an annual gross income of $84,600, this is an outstanding opportunity for investors looking to add a solid, well-maintained asset to their portfolio.

Multi-Family Active

Price

^$ 900,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 12,052

Style

Multi-Family

Year Built

1965

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12702214

Features

General

Possession Closing

Zoning MULTI

Construction Materials Brick Block

Year Built 1965

Electric Service - 201 to 600 Amps

Tenant Pays Electricity

Stories Count 2

Township Jefferson

Tax Year 2025

Current Use Multi-Family

Gross Income 84600

County Cook

Net Operating Income 59312

Operating Expense 25288

Insurance Expense 3600

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions Between Western and California North of Peterson (6000 N) Washtenaw is a southbound one-way street. North of Peterson.

City Chicago

Number Of Units Total 5

MLS Area CHI - West Ridge

Tax Annual Amount 12052.4

Electric Expense 0

Fuel Expense 0

Trash Expense 2278

Water Sewer Expense 5952

Additional Parcels Y/N N

Standard Status Active

Cap Rate 6.6

Interior

Basement Unfinished

Exterior

Water Source Municipal Water

Foundation Details Concrete Perimeter

Lot Dimensions 33 X 125

Frontage Type City Street

* Excluded Features

List By

Baird & Warner

Broker

barbara.oconnor@bairdwarner.com

Affordability Calculator

$6,687

Per Month

Monthly Principal & Interest: $5,683
Monthly Property Taxes: $1,004
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$637,444

Percent of Sale Price 29%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/13/2026	$900,000		Listed Price

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6050 N Washtenaw Avenue, Chicago, IL, 60659 is a Multi-Family Home for sale at $900,000. 6050 N Washtenaw Avenue has 3 bedrooms, 0.0 baths, and was built in 1965. The property's zip code is 60659 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 8/29/2026.

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6050 N Washtenaw Avenue

Multi-Family Home for sale in Chicago, IL

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