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9-Unit Apartment Building
For Sale
$875,000

6223 S Vernon Avenue, Chicago, IL 60637

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market107

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 7, Bathroom 1, Bathroom 10, Bathroom 2, Bathroom 22, Bathroom 6, Bedroom 15, Bathroom 21, Bedroom 7, Bedroom 13, Bathroom 15, Bathroom 5, Bedroom 1, Bedroom 22, Bathroom 11, Bedroom 3, Bedroom 8, Bathroom 13, Bathroom 18, Bathroom 19, Bathroom 17, Bathroom 16, Bedroom 4, Bathroom 8, Bedroom 17, Bathroom 4, Bathroom 12, Bedroom 20, Bedroom 6, Bedroom 14, Bathroom 3, Bathroom 20, Bedroom 10, Bathroom 9, Bedroom 16, Bedroom 5, Bedroom 12, Bedroom 21, Bathroom 14, Bedroom 11, Bedroom 19, Bedroom 18, Bedroom 9, Bedroom 2
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: Misael Chacon · License #471021523
Added: Jun 8 Changed: Sep 16 Last Checked: Sep 22 at 8:06AM
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.

This 9-unit apartment building in Chicago includes three studio apartments and six one-bedroom units. The property was built in 1918 and has undergone extensive remodeling, including replacement plumbing and electrical systems, a new roof, restored masonry, and a high-efficiency central heating system rated at 95%. Basement laundry facilities and a three-car garage add functional support space for the building.

Located at 6223 S Vernon Avenue, the property offers a compact multifamily configuration with a clearly defined unit mix and completed capital improvements. The combination of updated core systems, parking capacity, laundry facilities, and refreshed exterior components provides a practical operating setup for an apartment building.

Key Highlights

  • 9‑unit building with 3 studios and 6 one‑bedroom apartments
  • 1918 construction with extensive remodeling completed
  • 95% high‑efficiency central heating system

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 apartment property with updated building systems, basement laundry, and a three-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‑unit building with 3 studios and 6 one‑bedroom apartments; 1918 construction with extensive remodeling completed; 95% high‑efficiency central heating system
More about this property
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