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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12532486MLS Provider

6240 S Evans AvenueChicago, IL 60637

Multi-Family · 6 Beds
$325,000 Active

6240 S Evans Avenue Overview

Time on Site:
190 days
Visits:
1

An excellent opportunity for both investors and owner-occupants at this 2-unit property offering immediate usability with value-add potential. The building features spacious units with functional layouts, providing a strong foundation for those looking to make modest cosmetic updates to enhance value, increase rents, or personalize their living space. For owner-occupants, this is a prime house-hack opportunity-live in one unit while generating income from the other, with the flexibility to update over time. For investors, the property offers consistent rental demand in the area and the chance to improve cash flow through light renovations. Conveniently located near public transportation, schools, parks, and major thoroughfares, this property balances accessibility with long-term investment appeal. Property is being sold AS-IS, making it a straightforward opportunity for buyers who recognize the upside in strategic cosmetic improvements. Whether your goal is steady income, appreciation, or both, 6240 S Evans Ave presents a smart and flexible investment.

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6240 S Evans Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1916

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Woodlawn
  • Township: South Chicago

Tax Information

  • Tax Annual Amount: $4,629.85
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20154220250000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 3

General Information

  • Basement: Finished, Full
  • Heating: Natural Gas
  • Rooms Total: 19

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Dimensions: 3050 sq ft
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

6240 S Evans Avenue Neighborhood

Community

60637 (Chicago) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6240 S Evans Avenue Monthly Cost

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6240 S Evans Avenue Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

6240 S Evans Avenue History

Date Event Value Agent
5/3/2026Source: MRED Status Change
Active
4/28/2026Source: MRED Price Reduction
$325,000 -7.1%
4/28/2026Source: MRED Status Change
Price Change
4/7/2026Source: MRED Status Change
Active
4/2/2026Source: MRED Status Change
Re-activated
1/6/2026Source: MRED Status Change
Active
1/1/2026Source: MRED Price Reduction
$350,000 -5.4%
1/1/2026Source: MRED Status Change
Price Change
12/26/2025Source: MRED Status Change
Active
12/21/2025Source: MRED Added to Database
December 21, 2025