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Six-Unit Apartment Building
New
For Sale
$1,000,000

6221 S Kimbark Avenue, Chicago, IL 60637

Select residences feature refreshed kitchens, quartz counters, modern cabinetry, and stainless-steel appliances.

Property SizeContact for details
Days on Market4

Property Features for 6221 S Kimbark Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 6 x 4BR/2BA
Multifamily Units 6

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $11,141

Building Details

Year Built 1897
Buildings 1
Listing Agency: Flats, LLC
Listed By: Melissa Morgan · License #475165598
Source: Dawnmckennagroup
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 2:08PM

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 Flats, LLC

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Investment Insights

Based on property information with market context.

This six-unit apartment building dates to 1897 and contains four-bedroom, two-bathroom apartments. Some residences have received interior updates, including refreshed kitchens and modern cabinetry; select units also have quartz countertops and stainless-steel appliances. The property is being offered as-is.

The building is less than two blocks from the University of Chicago. Jackson Park and the Metra Electric 63rd St. station are within walking distance.

Key Highlights

  • Six apartments, each with four bedrooms and two bathrooms
  • Built in 1897
  • Some units have updated kitchens and modern cabinetry

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Law Firm Big Box & Wholesale Store Building Supply 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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,093
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Select residences feature refreshed kitchens, quartz counters, modern cabinetry, and stainless-steel appliances.
Where is this apartment building located?
The property is located at 6221 S Kimbark Avenue 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: Six apartments, each with four bedrooms and two bathrooms; Built in 1897; Some units have updated kitchens and modern cabinetry
More about this property
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