About 6618 S Michigan Avenue
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.
Features of 6618 S Michigan Avenue
| MLS® # | 12746651 |
|---|---|
| Price | $499,900 |
| Bathrooms | 0.00 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
| Taxes | $4,541 |
Community Information
| Address | 6618 S Michigan Avenue |
|---|---|
| Area | CHI - Greater Grand Crossing |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60637 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 7 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Preferred Rlty |
|---|