6618 S Michigan Avenue Chicago, IL ^$ 499,900

6618 S Michigan Avenue

^$ 499,900

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Recently Listed

6618 S Michigan Avenue

Chicago, IL, 60637

^$ 499,900

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 3,156

6618 S Michigan Avenue, Chicago, IL 60637 - Image 1

6618 S Michigan Avenue, Chicago, IL 60637 - Image 2

6618 S Michigan Avenue, Chicago, IL 60637 - Image 3

6618 S Michigan Avenue, Chicago, IL 60637 - Image 4

6618 S Michigan Avenue, Chicago, IL 60637 - Image 5

Multi-Family Home for sale in Chicago, IL

for $499,900 with 3 bedrooms. This home was built in 1965.

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.

Multi-Family Active

Price

^$ 499,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 4,541

Style

Year Built

1965

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12746651

Features

General

Zoning MULTI

Construction Materials Brick

Year Built 1965

Electric Circuit Breakers

Tenant Pays Electricity Heat Hot Water

Stories Count 3

Township Lake

Tax Year 2024

Gross Income 72900

Additional Parcels Description 20221050760000 20221050770000 20221050780000 20221050790000

County Cook

Net Operating Income 58219

Operating Expense 72900

Insurance Expense 4442

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Multi-Family

Status New

Directions 67th St East of Dan Ryan to Michigan North to Property

City Chicago

Number Of Units Total 5

MLS Area CHI - Greater Grand Crossing

Tax Annual Amount 4541

Electric Expense 0

Fuel Expense 0

Trash Expense 2178

Water Sewer Expense 3570

Additional Parcels Y/N Y

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 1553

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

transactionsmanager@mattzmegagroup.com

Affordability Calculator

$3,535

Per Month

Monthly Principal & Interest: $3,156
Monthly Property Taxes: $378
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$632,506

Percent of Sale Price 27%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/1/2026	$499,900		Listed Price

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6618 S Michigan Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $499,900. 6618 S Michigan Avenue has 3 bedrooms, 0.0 baths, and was built in 1965. The property's zip code is 60637 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 9/2/2026.

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6618 S Michigan Avenue

Multi-Family Home for sale in Chicago, IL

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