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8-Unit Renovated Apartment Building
For Sale
Contact for pricing
Pending

6142 S Ellis Avenue, Chicago, IL 60637

Renovated multifamily property with updated kitchens, in-unit laundry, and central heating and air conditioning.

Property SizeContact for details
Days on Market147

Property Features for 6142 S Ellis Avenue

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Monarch Realty Partners
Listed By: Brian Semel · License #IL 471015026
Source: Crexi
Added: Apr 10 Changed: Sep 1 Last Checked: Aug 31 at 11:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monarch Realty Partners

Investment Insights

Based on property information with market context.

This center-entrance apartment building contains eight residential units with a mix of two 3BR/1.5BA apartments, four 3BR/2BA apartments, and two 4BR/2BA apartments. The property received a complete renovation in 2009, including kitchens with updated cabinetry, stainless steel appliances, dishwashers, microwaves, and granite countertops. Each apartment has an in-unit washer and dryer, an individual furnace, central heat and air conditioning, and a separate hot water tank.

Interior finishes include hardwood flooring, exposed brick walls, and decorative fireplaces. Six apartments include large covered front decks. The rear of the property provides eight parking spaces along with a large green space. The building is located at 6142 S. Ellis Avenue in north Woodlawn, on the University of Chicago campus. The sale includes assumption of an existing loan, with additional details provided in the mortgage assumption materials.

Key Highlights

  • Eight‑unit apartment building with two 3BR/1.5BA, four 3BR/2BA, and two 4BR/2BA apartments
  • Complete property renovation completed in 2009
  • Eight rear parking spaces plus a large green space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Law Firm Building Supply (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,381
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with updated kitchens, in-unit laundry, and central heating and air conditioning.
Where is this apartment building located?
The property is located at 6142 S Ellis Avenue Chicago, IL.
What are key features of this property?
This property features: Eight‑unit apartment building with two 3BR/1.5BA, four 3BR/2BA, and two 4BR/2BA apartments; Complete property renovation completed in 2009; Eight rear parking spaces plus a large green space
More about this property
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