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Six-Unit Apartment Building

7358 S Michigan Ave, Chicago, IL 60619

For Sale
$539,999

A two-car garage serves a six-unit multifamily property in Chicago’s Park Manor neighborhood.

Property Size6,266 SF
Price / SF$86.18
Days on Market51

Property Features for 7358 S Michigan Ave

General Information

Standard status Active
Size 6,266 SF
Total Parking Spaces 2
Property subtype Multi-Family

Site & Location

Neighborhood Park Manor

Additional Details

Multifamily Units 6

Building Details

Year Built 1916
Buildings 1
Listing Agency: Real People Realty
Listed By: Jennifer Singleton
Source: Saladinosells
Added: Sep 26 Changed: Nov 13 Last Checked: Oct 6 at 12:05AM

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 Real People Realty

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Investment Insights

Based on property information with market context.

This 6,266-square-foot multifamily building contains six units and includes a two-car garage. Constructed in 1916, the property is located on a corner parcel along a tree-lined street in Chicago’s Park Manor neighborhood.

The building is near transportation, providing a location detail for residents and ownership alike.

Key Highlights

  • Six‑unit multifamily building
  • 6,266 square feet
  • Two‑car garage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

833
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A two-car garage serves a six-unit multifamily property in Chicago’s Park Manor neighborhood.
Where is this apartment building located?
The property is located at 7358 S Michigan Ave Chicago, IL.
What is the asking price?
The asking price for this property is $539,999.
What are key features of this property?
This property features: Six‑unit multifamily building; 6,266 square feet; Two‑car garage
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