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42-Unit Courtyard Apartment Building
For Sale
Contact for pricing
Pending

6807 S Michigan Ave, Chicago, IL 60637

Three-story multifamily asset with studios and one- and two-bedroom apartments, secured entry, and landscaped grounds.

Property SizeContact for details
Days on Market146

Property Features for 6807 S Michigan Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: 33 Realty
Listed By: Brian Mond · License #IL 478.007026
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 1 at 12:44AM

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 33 Realty

Investment Insights

Based on property information with market context.

This three-story courtyard apartment property contains 42 units, including six studios, 33 one-bedroom/one-bathroom apartments, and three two-bedroom/one-bathroom apartments. Interior features include generous layouts, windows, closets, radiator heating, and carpeted hardwood floors. The building also offers secured entryways, landscaped grounds, and 24-hour emergency maintenance services.

Located in Chicago’s Greater Grand Crossing neighborhood on the South Side, the property is identified as 6801-11 S Michigan Ave. The building may also be acquired together with the neighboring property at 6800-02 S Indiana.

Key Highlights

  • 42‑unit courtyard apartment building
  • Unit mix includes 6 studios, 33 one‑bedroom/one‑bathroom apartments, and 3 two‑bedroom/one‑bathroom apartments
  • Three‑story building with landscaped grounds

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Gym & Fitness Center Locksmith

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

803
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 - Three-story multifamily asset with studios and one- and two-bedroom apartments, secured entry, and landscaped grounds.
Where is this apartment building located?
The property is located at 6807 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: 42‑unit courtyard apartment building; Unit mix includes 6 studios, 33 one‑bedroom/one‑bathroom apartments, and 3 two‑bedroom/one‑bathroom apartments; Three‑story building with landscaped grounds
(773) 899-1334 Call to check price and availability
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