6618 S Michigan Avenue,Chicago, IL 60637
Chicago, IL 60637
Description
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.
Details
| MLS # | 12746651 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1965 |
| Days On Site | 36 |
| Listing Provided By | Keller Williams Preferred Rlty | James Mattz |
Features
| Story(s) | 3 |
|---|---|
| Units | 5 |
| Zoning | MULTI |
| Acreage | 1553.00 |
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Brick |
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 4541 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60637 |
| Area | CHI Greater Grand Crossing |
| Listing VS Median (in 60637) | |
Price: $499,900 low | high Med: $127,000 On site: 36 low | high Med: 51.5 | |
Market Activity 60637
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60637 |
| Area | CHI Greater Grand Crossing |
| Listing VS Median (in 60637) | |
Price: $499,900 low | high Med: $127,000 On site: 36 low | high Med: 51.5 | |