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9-Unit Apartment Building
For Sale
$875,000

6223 S Vernon Avenue, Chicago, IL 60637

MULTI_FAMILY - Chicago, IL

Days on Market56

Property Features for 6223 S Vernon Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 22
Bathrooms 22
Full bathrooms 22
Rooms Bathroom 19, Bedroom 18, Bathroom 20, Bedroom 6, Bedroom 10, Bedroom 16, Bedroom 21, Bathroom 22, Bathroom 3, Bedroom 8, Bedroom 11, Bedroom 19, Bedroom 5, Bedroom 22, Bathroom 21, Bedroom 20, Bathroom 16, Bathroom 7, Bathroom 6, Bathroom 1, Bedroom 15, Bathroom 18, Bedroom 13, Bedroom 3, Bathroom 14, Bedroom 4, Bathroom 4, Bathroom 11, Bathroom 2, Bathroom 9, Bedroom 12, Bedroom 17, Bathroom 13, Bedroom 2, Bathroom 8, Bedroom 1, Bathroom 17, Bathroom 15, Bathroom 10, Bedroom 7, Bathroom 12, Bedroom 9, Bathroom 5, Bedroom 14
Directions Drive south on South Woodlawn Ave. Right to East Midway Plaisance. Left to South Cottage Grove Ave. Right to East 63rd St. Right to South Eberhart Ave. Turn left. Turn right. Property is on the left.
Subdivision Confidential Commercial Listings
Standard status Active
APN 20154170030000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 7432

Amenities

laundry in basement

Building Details

Year built 1918
Floors in Building 2
Number of units 9
Listing Agency: Beycome Brokerage Realty LLC
Listed By: Jeffrey Sklar · License #02075404
Added: Jun 8 Changed: Jul 31 Last Checked: Aug 2 at 11:06AM
MLS# 12668848

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

6223 S. Vernon Avenue is a remodeled 9-unit apartment building featuring a mix of large studios (3) and 1-bed units (6). The property was updated with all new plumbing and electrical systems, new high efficient (95%) central heating, a new roof, and restored masonry.

The building also includes a 3-car garage and laundry in the basement, supporting day-to-day resident needs on site. Built in 1918, the property combines historic construction with modernized core systems.

For tenants, the unit mix supports a range of household types, from studio living to 1-bedroom layouts, all within one consolidated multi-family asset.

Key Highlights

  • 9 units with large studio mix (3) and 1‑bed units (6)
  • New plumbing and electrical systems throughout
  • 95% high efficient central heating

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Law Firm 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

9
Residential units

Location Intelligence

Trade Area within ½ mile

3,058
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 - Remodeled 9-unit building with a mix of studio and 1-bed apartments, plus basement laundry and a 3-car garage.
Where is this apartment building located?
The property is located at 6223 S Vernon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 9 units with large studio mix (3) and 1‑bed units (6); New plumbing and electrical systems throughout; 95% high efficient central heating
More about this property
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