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
See this Listing
Schools
Interior
Exterior
Construction Materials
Brick
Stories
3
Financial
Tax Year
2024
Taxes
$4,541
Map
Community
- Address6618 S Michigan Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60637
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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Copyright 2026. All rights reserved.
6618 S Michigan Avenue
Chicago, IL


