6618 S Michigan Avenue
Chicago, IL, 60637
$499,900
3 Beds
1 Baths
0 SqFt
0 Acres
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$499,900
6618 S Michigan Avenue
Chicago, IL, 60637
MLS #MRD12746651 image #0MLS #MRD12746651 image #1MLS #MRD12746651 image #2MLS #MRD12746651 image #3MLS #MRD12746651 image #4
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
Beds:
3
Baths:
1
Type:
Commercial
Neighborhood:
chigreatergrandcrossing
Listed Date:
Sep 1, 2026
Year Built:
1965
Chi – Greater Grand CrossingChigreatergrandcrossing

Schools

Interior

Exterior

Construction Materials
Brick
Stories
3

Financial

Net Operating Income
$58,219
Tax Year
2024
Taxes
$4,541
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Sep 01, 2026
923
Commercial Listed
183
Avg DOM
$1,014,898
Avg List Price

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Property Summary

    6618 S Michigan Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60637. It is listed for $499,900 To schedule a showing of MLS#mrd12746651 at 6618 S Michigan Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
6618 S Michigan Avenue
Chicago, IL