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6830 S Michigan Ave
Pending
Multi-Family
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$389,000

6830 S Michigan Ave, Chicago

67% below median
5 bd·3 ba·0 sqft
Built 1926Greater Grand Crossing

6830 S Michigan Ave, Chicago, IL

5 bd · 3 ba · 0 sqft Multi-Family listed at $389,000, built in 1926 in the Greater Grand Crossing neighborhood.

About this home

This is an investor's or house-hacker's dream. This 2 Unit multi-family property has been recently renovated and ready to give families on the Southside a new home. The 1st floor is a 3 bedrooms duplex. Hardwood floors, high ceilings and two bathrooms. Move on up to the second floor and you will enjoy two bedrooms/one bathroom. Large living room for enjoying family moments and creating family memories. Plus, the seller is giving a $5K credit toward buyer's dream updates. Only pre-qualified buyers can tour the property. If you are interested in touring send us your client's pre-approval letter or proof of funds to the seller's broker.

Property details

Price
$389,000
Bedrooms
5
Bathrooms
3
Year built
1926
Type
Multi-Family
Days on market
107
Est. property tax
$8,091/yr · $674/mo · 2.08% IL avg
Last sold
$145,000 · Aug 2022

Estimated monthly payment

Down payment20% ($77,800)
Interest rate6.75%
Principal & Interest$2,018
Property Tax$357
Insurance$150
Total$2,525/mo

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Price history

$428K$195K$-37K$247K on Apr 06 (Sold)$150K on Mar 22 (Initial list)$145K on Aug 22 (Sold)$389K on Sep 24 (Initial list)$389K on Oct 24 (Initial list)$380K on Jan 25 (Price change)$1K on Mar 25 (Price change)$375K on Jun 25 (Price change)$389K on Jan 26 (Initial list)
$247K · Apr 06$389K · Jan 26
  1. Jan 9, 2026$389,000Initial list price
  2. Jun 4, 2025$375,000Price change
  3. Mar 12, 2025$1,300Price change
  4. Jan 20, 2025$380,000Price change
  5. Oct 3, 2024$389,000Initial list price
  6. Sep 6, 2024$389,000Initial list price
  7. Aug 23, 2022$145,000Sold
  8. Mar 3, 2022$149,999Initial list price
  9. Apr 4, 2006$246,500Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

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Home Intelligence

Neighborhood (zip 60637)

This neighborhood skews young (median age 31.2) and is primarily renter-occupied (26% owner-occupied). 14% hold a bachelor's degree; median household income is $37,247.

Median income
$37,247
Median age
31.2
Owner-occupied
25.7%
Bachelor's degree
14.4%
Census median home value
$240,600

Source: US Census Bureau American Community Survey 5-year estimates.

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