Multifamily Portfolio with
For Sale
Contact for pricing
6700 South Merrill Ave, Chicago, IL 60649
Nine-building portfolio offers 169 residential apartments and five commercial retail units with 97% physical occupancy.
Property SizeContact for details
Days on Market123
Property Features for 6700 South Merrill Ave
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
KW Commercial Chicago - Lincoln Park
(312) 863-8990
Listed By:
Tony Hardy · License #IL 475.139834
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 1:04AM
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 KW Commercial Chicago - Lincoln Park
Investment Insights
Based on property information with market context.
Marcus & Millichap presents the South Side Portfolio, a multi-site property consisting of nine buildings totaling 174 units. The portfolio includes 169 residential apartments and five commercial retail units. Current occupancy is 97% with an economic occupancy of 92%. Of the residential units, eight are subsidized, with the remainder leased at market rate.
The property is located at 6700 South Merrill Ave in Chicago, IL 60649.
This portfolio is structured as a combined residential and retail income stream across multiple buildings, with the stated unit mix and occupancy levels in place at the time of offering.
The property is located at 6700 South Merrill Ave in Chicago, IL 60649.
This portfolio is structured as a combined residential and retail income stream across multiple buildings, with the stated unit mix and occupancy levels in place at the time of offering.
Key Highlights
- Nine‑building multi‑site portfolio totaling 174 units
- 169 residential apartments plus five commercial retail units
- 97% physical occupancy and 92% economic occupancy reported
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
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Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Nine-building portfolio offers 169 residential apartments and five commercial retail units with 97% physical occupancy.
Where is this apartment building located?
The property is located at 6700 South Merrill Ave Chicago, IL.
What are key features of this property?
This property features: Nine‑building multi‑site portfolio totaling 174 units; 169 residential apartments plus five commercial retail units; 97% physical occupancy and 92% economic occupancy reported
