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Three-Level Apartment Building
New
For Sale
$499,900

6618 S Michigan Avenue, Chicago, IL 60637

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market3

Property Features for 6618 S Michigan Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 15
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bedroom 15, Bedroom 9, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 12, Bedroom 13, Bathroom 3, Bedroom 7, Bathroom 2, Bedroom 14, Bedroom 2, Bedroom 4, Bedroom 10, Bedroom 3, Bedroom 11, Bedroom 6, Bedroom 8
Directions 67th St, East of Dan Ryan to Michigan, North to Property
Subdivision CHI - Greater Grand Crossing
Standard status Active
APN 20221050750000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4541

Building Details

Year built 1965
Floors in Building 3
Number of units 5
Building materials Brick
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: James Mattz · License #475095060
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 3 at 3:06AM
MLS# 12746651

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 multifamily property contains apartment units arranged in a three-level townhome-style configuration. Each unit includes 3 bedrooms and 1.1 baths, with updated kitchens and bathrooms, an individual hot water tank, and a forced-air furnace. Full basements provide additional functional space, while brick and Flexicore construction contribute to the building’s physical structure. The property was built in 1965 and carries MULTI zoning.

The asset is located at 6618 S Michigan Avenue in Chicago’s 60637 ZIP code, within Cook County. Its unit layouts and separate mechanical equipment provide a clearly defined residential configuration for multifamily ownership.

Key Highlights

  • Three‑level townhome‑style apartment layouts
  • Each unit offers 3 bedrooms and 1.1 baths
  • Updated kitchens and bathrooms throughout the units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Kitchen & Bath Showroom Gym & Fitness Center Real Estate Agency

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

793
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 townhome-style layouts, updated interiors, private mechanical systems, and full basements.
Where is this apartment building located?
The property is located at 6618 S Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Three‑level townhome‑style apartment layouts; Each unit offers 3 bedrooms and 1.1 baths; Updated kitchens and bathrooms throughout the units
More about this property
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