6618 S Michigan Avenue
Chicago, IL, 60637
$499,900
3 Beds
1 Baths
0 SqFt
0 Acres
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MLS #MRD12746651 image #0
A rare opportunity to acquire a well-maintained multifamily asset that has been carefully owned and cared for by the same family for generations. The owners are now retiring, creating an excellent opportunity for a new investor to take advantage of this unique property. Each unit features a distinctive three-level townhome-style layout with 3 bedrooms and 1.1 baths, updated kitchens and bathrooms, individual hot water tanks, and forced-air furnaces. Durable brick and Flexicore construction, along with full basements, adds long-term value and functionality. The property also offers potential for increased rental income, making it an attractive opportunity for investors seeking both stability and upside. Proof of funds is required prior to scheduling a showing. Qualified buyers only.

Property Details

Price:
$499,900
MLS #:
MRD12746651
Status:
Active Under Contract
Beds:
3
Baths:
1
Type:
Commercial
Neighborhood:
chigreatergrandcrossing
Listed Date:
Sep 1, 2026
Year Built:
1965
Chi – Greater Grand CrossingChigreatergrandcrossing

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Schools

Interior

Exterior

Construction Materials
Brick
Stories
3

Financial

Net Operating Income
$58,219
Tax Year
2024
Taxes
$4,541

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 06, 2026
885
Commercial Listed
185
Avg DOM
$1,021,113
Avg List Price

Property Summary

    6618 S Michigan Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60637. It is listed for $499,900

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