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7-Unit Apartment Building
For Sale
$1,000,000

6209 S Michigan Ave, Chicago, IL 60637

Multifamily property with spacious apartments, updated interiors, individual furnaces, water heaters, and in-unit laundry.

Property Size7,848 SF
Days on Market16

Property Features for 6209 S Michigan Ave

General Information

Standard status Active
Size 7,848 SF
Property subtype Multifamily

Units

Unit Mix 6 x 3Bd/1.5Ba, 1 x 2bd/1Ba
Multifamily Units 7

Additional Details

Public Transit Yes

Amenities

in-unit laundry

Building Details

Building Size 7,848 SF
Year Built 1913
Listed By: Noah Birk · License #IL #475125864
Source: Kisergroup
Added: Aug 21 Changed: Aug 31 Last Checked: Sep 5 at 7:11AM

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 Noah Birk

Investment Insights

Based on property information with market context.

This 7-unit apartment building, constructed in 1913, offers a mix of six 3Bd/1.5Ba apartments and one 2bd/1Ba apartment. The units are described as spacious and include modern kitchens and baths, individual furnaces, water heaters, and in-unit laundry. Electrical systems are newer, and the property has updated copper plumbing.

The property is located in Chicago’s Washington Park neighborhood near Washington Park, public transportation, major thoroughfares, and the University of Chicago. Its South Side setting provides access to Downtown Chicago and surrounding areas.

Key Highlights

  • 7‑unit multifamily property built in 1913
  • Unit mix includes six (6) 3Bd/1.5Ba units and one (1) 2bd/1Ba unit
  • Spacious apartments with modern kitchens and baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Building Supply Computer & Electronic Repair Bakery Carpet & Flooring Store

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

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

654
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 - Multifamily property with spacious apartments, updated interiors, individual furnaces, water heaters, and in-unit laundry.
Where is this apartment building located?
The property is located at 6209 S Michigan Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 7‑unit multifamily property built in 1913; Unit mix includes six (6) 3Bd/1.5Ba units and one (1) 2bd/1Ba unit; Spacious apartments with modern kitchens and baths
More about this property
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