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    Updated 18-Unit Apartment Building Title is generated by Realmo AI

    6820 S Michigan Ave, Chicago, IL 60637

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    For Sale
    $1,150,000

    Well-maintained 18-unit multifamily property with updated kitchens and baths and strong transit access.

    Type:Multifamily
    Added:
    Jun 2, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 3 at 2:10 am

    Property Features for 6820 S Michigan Ave

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    Listing Contact
    Noah Birk

    Listing agent Noah Birk License #ILLINOIS #475125864

    Listing office

    Listing date Jun 2, 2026

    Source Kisergroup

    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 Noah Birk

    HighLights

    • 18‑unit multifamily building in Chicago’s Greater Grand Crossing neighborhood
    • Unit mix: 15 one‑bedroom/one‑bath, 2 two‑bedroom/one‑bath, and 1 studio
    • Updated kitchens and baths throughout the building
    • Modern Weil‑McLain boiler
    • 10% cap rate
    • Convenient access to the 69th Street Red Line station

    Overview

    This 18-unit apartment building offers a balanced unit mix of fifteen 1-bedroom/1-bath homes, two 2-bedroom/1-bath units, and one studio. The property has been improved with updated kitchens and baths, supported by a modern Weil-McLain boiler. Overall, it presents as a practical, income-focused multifamily investment with a stated 10% cap rate.

    Located on a quiet residential block in Chicago’s Greater Grand Crossing neighborhood, the building is within walking distance to multiple parks and schools. It also provides convenient access to the 69th Street Red Line station, giving residents reliable transportation options to downtown Chicago.

    For prospective buyers and operators, the combination of unit variety and recent interior updates supports broad tenant appeal while helping reduce near-term upgrade concerns. The straightforward residential setting and transit connectivity make the property a solid fit for investors seeking an established, residentially oriented asset in a commuter-friendly location.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

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    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6222948
    Latitude
    41.7703329

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 18-unit multifamily property with updated kitchens and baths and strong transit access.
    Where is this apartment building located?
    The property is located at 6820 S Michigan Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 18‑unit multifamily building in Chicago’s Greater Grand Crossing neighborhood; Unit mix: 15 one‑bedroom/one‑bath, 2 two‑bedroom/one‑bath, and 1 studio; Updated kitchens and baths throughout the building
    More about this property
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