<PAGE>                          
                         UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                           FORM 10-KSB

[X]Annual Report Pursuant to Section 13 or 15(d) of the Securities
   Exchange Act of  1934

   For the fiscal year ended   December 31, 1997                

                                or

[ ]Transition Report Pursuant to Section 13 or 15(d) of the
   Securities Exchange Act of 1934

   For the transition period from               to              

   Commission File Number               0-16857                 

             Brauvin Income Properties  L.P. 6                  
       (Name of small business issuer in its charter)

              Delaware                        36-1276801        
   (State or other jurisdiction of       (I.R.S. Employer
    incorporation or organization)      Identification No.)

   30 North LaSalle Street, Chicago, Illinois         60602     
    (Address of principal executive offices)       (Zip Code)

                        (312) 759-7660                          
                   (Issuer's telephone number)

   Securities registered pursuant to Section 12(b) of the Act:

   Title of each class                Name of each exchange on
                                          which registered
              None                              None            

   Securities registered pursuant to Section 12(g) of the Act:

                 Limited Partnership Interests                  
                         (Title of class)

Check whether the issuer (1) filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the preceding 12
months (or for such shorter period that the issuer was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes    X    No      .

Check if there is no disclosure of delinquent filers in response to
Item 405 of Regulation S-B is not contained in this form, and no
disclosure will be contained, to the best of issuer's knowledge, in
definitive proxy or information statements incorporated by reference
in Part III of this Form 10-KSB or any amendment to this Form 10-KSB. [ X ]

State issuer's revenues for its most recent fiscal year $2,402,000.

The aggregate sales price of the limited partnership interests of
the issuer (the "Units") to unaffiliated investors of the issuer was
$7,842,500.  This does not reflect market value.  This is the price
at which the Units were sold to the public.  There is no current
established trading market for these Units, nor have any of the
Units been sold within the last 60 days.  

Portions of the Prospectus of the issuer dated May 30, 1986, as
supplemented September 3, 1986, October 28, 1986, December 30, 1986
and May 29, 1987 and filed pursuant to Rule 424(b) under the
Securities Act of 1933, as amended, are incorporated by reference
into Parts II and III of this Annual Report on Form 10-KSB.
<PAGE>                 
                  BRAUVIN INCOME PROPERTIES L.P. 6
                  1997 FORM 10-KSB ANNUAL REPORT
                              INDEX

                              PART I
                                                                      Page
Item 1.  Description of Business . . . . . . . . . . . . . . . . . . . .3

Item 2.  Description of Properties . . . . . . . . . . . . . . . . . . .5

Item 3.  Legal Proceedings . . . . . . . . . . . . . . . . . . . . . . 10

Item 4.  Submission of Matters to a Vote of Security
         Holders . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

                             PART II
Item 5.  Market for the Issuer's Limited Partnership
         Interests and Related Security Holder Matters . . . . . . . . 11

Item 6.  Management's Discussion and Analysis or Plan
         of Operation. . . . . . . . . . . . . . . . . . . . . . . . . 11

Item 7.  Consolidated Financial Statements and
         Supplementary Data. . . . . . . . . . . . . . . . . . . . . . 17

Item 8.  Changes in and Disagreements with Accountants on
         Accounting and Financial Disclosure . . . . . . . . . . . . . 17

                             PART III
Item 9.  Directors, Executive Officers, Promoters 
         and Control Persons; in compliance with Section 
         16(a) of the Exchange Act . . . . . . . . . . . . . . . . . . 18

Item 10. Executive Compensation. . . . . . . . . . . . . . . . . . . . 20

Item 11. Security Ownership of Certain Beneficial Owners
         and Management. . . . . . . . . . . . . . . . . . . . . . . . 21

Item 12. Certain Relationships and Related Transactions. . . . . . . . 21

Item 13. Exhibits, Consolidated Financial Statements and
         Reports on Form 8-K . . . . . . . . . . . . . . . . . . . . . 23

Signatures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
<PAGE>                              
                                PART I

Item 1. Description of Business.

  Brauvin Income Properties L.P. 6 (the "Partnership") is a
Delaware limited partnership formed in April 1986 whose business
has been devoted exclusively to acquiring, operating, holding for
investment and disposing of existing office buildings, shopping
centers and industrial and retail commercial buildings of a general
purpose nature, all in greater metropolitan areas.  

  The General Partners originally intended to dispose of the
Partnership's properties approximately six to nine years after
acquisition of each property, with a view toward liquidation of the
Partnership.  Due to current real estate market conditions and
economic trends the General Partners instead believe it to be in
the best interest of the Partnership to retain the properties until
such time as the General Partners reasonably believe it is
appropriate to dispose of the Partnership's properties.  In order
to make this determination, the General Partners periodically
evaluate market conditions.  However, since the restated limited
partnership agreement (the "Agreement") provides that the
Partnership shall terminate December 31, 2025, unless sooner
terminated, the General Partners shall in no event dispose of the
properties after that date.

  As of December 31, 1997, the Partnership had acquired three
rental properties.  The Partnership had acquired a 46% interest in
a joint venture (the "Joint Venture") which acquired an additional
rental property.  This property was sold in a sheriff's sale on May
15, 1995, and the Joint Venture was terminated and dissolved in
1996.  The Partnership will not purchase any additional properties. 
Operations currently consist of operating the real estate
properties which have been managed by Brauvin Management Company
(an affiliate of the General Partners).  The focus of property
management activities has been improvement in the economic
performance of the properties with the goal of maximizing value to
the Partnership upon disposition.
  The Partnership has no employees.

Market Conditions/Competition

  The Partnership faces active competition in all aspects of its
business and must compete with entities which own properties
similar in type to those owned by the Partnership.  Competition
exists in such areas as attracting and retaining creditworthy
tenants, financing capital improvements and eventually selling
properties.  Many of the factors affecting the ability of the
Partnership to compete are beyond the Partnership's control, such
as softened markets caused by an oversupply of similar rental
facilities, declining performance in the local economy in which a
property is located, population shifts, reduced availability and
increased cost of financing, changes in zoning laws or changes in
patterns of the needs of users.  The marketability of the
properties may also be affected by prevailing interest rates and
existing tax laws.  The Partnership has retained ownership of its
properties for periods longer than anticipated at acquisition. 

   The Partnership strives to maximize occupancy and, as such,
must adjust rents to attract and retain tenants.  One measure of a
market's relative strength or weakness is the current rental rate
demanded by non-anchor tenants.  These rates are for tenants who
generally sign leases of three to five years and are an indicator
of the "spot" rental market.  Expectations are that due to a stable
local economic environment, rental rates will remain flat or
increase slightly at the Partnership's properties.  The average
rental rates for tenants at the Shoppes on the Parkway shopping
center in Hilton Head, South Carolina have increased from
approximately $13.00 per square foot in 1993 to approximately
$14.36 per square foot in 1997.  The average rental rates for
tenants at the Delchamps Plaza North shopping center in Tuscaloosa,
Alabama have decreased from approximately $8.36 per square foot in
1993 to approximately $7.84 per square foot in 1997.

  The Partnership, by virtue of its ownership of real estate, is
subject to federal and state laws and regulations covering various
environmental issues.  Management of the Partnership retains the
services of third parties who hold themselves out to be experts in
the field to assess a wide range of environmental issues and
conduct tests for environmental contamination.  Management believes
that all real estate owned by the Partnership is in full compliance
with applicable environmental laws and regulations.

Item 2. Description of Properties.

  The following is a discussion of the rental properties owned and
operated by the Partnership during 1997. For the purpose of the
information disclosed in this section, the following terms are
defined as follows:

  Occupancy Rate: The occupancy rate is defined as the occupied
  square footage at December 31, divided by the total square
  footage excluding square footage of outparcels, if any.

  Average Annual Base Rent Per Square Foot: The average annual
  base rent per square foot is defined as the total effective base
  rental income for the year divided by the average square feet
  occupied excluding outparcels, if any.

  Average Square Feet Occupied: The average square feet occupied
  is calculated by averaging the occupied square feet at the
  beginning of the year with the occupied square feet at the end
  of the year excluding outparcels, if any.

  In the opinion of the General Partners, the Partnership has
provided for adequate insurance coverage of its real estate
investment properties.

  During the year ended December 31, 1997, the Partnership owned
the properties described below:
  
(a) Delchamps Plaza North Shopping Center ("Delchamps")

  On November 12, 1987, the Partnership acquired Delchamps located
in Tuscaloosa, Alabama, for approximately $4,058,000.  The purchase
was funded with approximately $715,000 in cash at closing and by
assuming an existing first mortgage loan from Lincoln National Life
Insurance Company.  The mortgage had an original principal balance
of $3,375,000 and a balance of $3,343,000 in November 1987.  The
loan bore interest at a rate of 9.375% per annum and matured on
December 1, 1996.  Prior to the scheduled maturity of the first
mortgage loan, the Lender granted the Partnership an extension
until February 1, 1997.  On January 14, 1997, the Partnership
obtained a first mortgage loan in the amount of $2,925,000 (the
"First Mortgage Loan") secured by Delchamps from NationsBanc
Mortgage Capital Corporation.  The First Mortgage Loan bears
interest at the rate of  9.03% per annum, is amortized over a 25-
year period, requires monthly payments of principal and interest of
approximately $24,600 and matures on February 1, 2002.  A portion
of the proceeds of the First Mortgage Loan, approximately
$2,809,000, were used to retire the existing mortgage secured by
Delchamps from Lincoln National Life Insurance Company.  The
outstanding mortgage balance encumbered by this property was
$2,900,350 at December 31, 1997.

  Delchamps is a community shopping center constructed in 1986
with approximately 59,400 rentable square feet on a seven acre
site.  Delchamps is anchored by a regional grocer named Delchamps
and Harco Drug, a Tuscaloosa based drug store chain.  Delchamps has
eight stores and was 100% occupied at December 31, 1997.

  The occupancy rate and average annual base rent per square foot
at December 31 for the last two years were as follows:

                                    1997            1996

Occupancy Rate                       100%            98%

Average Annual Base 
 Rent Per Square Foot               $7.84          $7.80

  Delchamps has two tenants which individually occupy ten percent
or more of the rentable square footage.  The following is a summary
of the tenant rent roll at December 31, 1997:

                                      Annual     Lease
                      Square           Base   Expiration   Renewal   Nature of
Tenant                 Feet            Rent       Date     Options   Business
Delchamps             42,057         $315,427    1/2007 4/5 years ea. Grocery
                                                                       Store
Harco Drugs            9,800           73,500    1/2002 4/5 years ea.   Drug
                                                                       Store
Others                 7,532           72,164  Various     Various 
                      59,389         $461,091

(b) Shoppes on the Parkway ("Shoppes")

  On March 31, 1988, the Partnership purchased Shoppes, a shopping
center located in Hilton Head, South Carolina, for approximately
$7,360,000.  The purchase was funded with approximately $2,394,000
cash paid at closing and an existing first mortgage loan from the
Crown Life Insurance Company (the "Lender") with a balance of
approximately $4,966,000.  The loan bore interest at a rate of
10.25% per annum and  matured on December 1, 1994.  Prior to the
scheduled maturity of the first mortgage loan, the Lender granted
the Partnership an extension until April 1, 1995.  On April 6,
1995, the Partnership obtained a first mortgage loan in the amount
of $6,100,000 (the "First Mortgage Loan") secured by Shoppes from
Morgan Stanley Mortgage Capital, Inc.  The First Mortgage Loan
bears interest at the rate of 9.55% per annum, amortizes over a 25-
year period, requires monthly payments of principal and interest of
approximately $53,500 and matures on May 1, 2002.  A portion of the
proceeds of the First Mortgage Loan, approximately $4,675,000, was
used to retire the existing mortgage secured by Shoppes.  The
remaining proceeds were used to pay loan closing costs and a
$999,919 return of capital distribution to the Limited Partners. 
The outstanding mortgage balance encumbered by this property was
$5,926,327 at December 31, 1997.

  Shoppes is a factory outlet retail center constructed in 1986
with approximately 86,900 rentable square feet situated on a 9.43
acre site.  Shoppes was 95% occupied at December 31, 1997.  To
retain tenants and to attract customers to the Shoppes the
Partnership has completed various improvements to the property in
1997.  These improvements included landscaping, benches, canopies,
exterior painting and refurbished restrooms.

  The occupancy rate and average annual base rent per square foot
at December 31 for the last two years were as follows:

                                 1997     1996                 

Occupancy Rate                     95%    97%            
Average Annual Base
Rent Per Square Foot           $14.36   $15.01                            

  Shoppes has no tenants which individually occupy ten percent or
more of the rentable square footage.  The following is a summary of
the tenant rent roll at December 31, 1997:

                            Annual     Lease
                 Square      Base    Expiration  Renewal
Tenant           Feet        Rent       Date     Options
All Tenants     82,736   $1,200,816              Various        Various
Vacant           4,130           --
                86,866   $1,200,816

(c) Ponderosa Restaurant ("Ponderosa")

  On September 28, 1988, the Partnership purchased the land and
building occupied by a Ponderosa restaurant located in Garfield
Heights, Ohio.  The building was constructed in 1981 and contains
5,400 square feet of space.  The cost of the restaurant was
$1,075,000 plus closing costs which were paid in cash.

  The restaurant was purchased from Ponderosa, Inc. ("Ponderosa"),
a wholly-owned subsidiary of Metromedia Company.  The restaurant is
operated by Ponderosa in accordance with the terms of a triple-net
lease whereby Ponderosa must pay all taxes, insurance premiums and
operating costs.  The lease has a base term of 15 lease years (as
defined in the lease), terminates on September 22, 2003 and
contains four five-year renewal options.  The Partnership is
landlord only and does not participate in the operations of the
restaurant.

  Ponderosa is obligated to pay a minimum base rental amount every
four calendar weeks.  In addition to the base rent, percentage rent
is paid based on the average gross sales of the first two lease
years (the "Percentage Base").  The percentage rent is 6.5% of the
amount by which the gross sales in any year exceeds this Percentage
Base.

  Ponderosa has the right to repurchase this property at the end
of the tenth lease year (1998) and every five years thereafter at
the fair market value of the real estate at the time of repurchase.

  The Ponderosa has been occupied since its purchase and the
average annual base rent per square foot at December 31 for the
last two years are as follows:

                                 1997            1996             
Average Annual Base Rent
 Per Square Foot                $24.00         $23.64             

Risks of Ownership

  The possibility exists that the tenants of the Partnership's
properties may be unable to fulfill their obligations pursuant to
the terms of the leases, including making base rent payments or
percentage rent payments to the Partnership.  Such defaults by one
or more of the tenants could have an adverse effect on the
financial situation of the Partnership.  Furthermore, the
Partnership may be unable to replace these tenants due to
competition in the market at the time any vacancy occurs. 
Additionally, there are costs to the Partnership when replacing
tenants such as leasing commissions and tenant improvements.  Such
improvements may require expenditure of Partnership funds otherwise
available for distribution.

Item 3. Legal Proceedings.
  
  None.

Item 4. Submission of Matters to a Vote of Security Holders.

  None.
<PAGE>                             
                                PART II

Item 5.  Market for the Issuer's Limited Partnership Interests  and
         Related Security Holder Matters.

  At December 31, 1997, there were 610 Limited Partners in the
Partnership.  There is currently no established public trading
market for Units and it is not anticipated that a public market for
Units will develop.  Bid prices quoted by "partnership exchanges"
vary widely and are not considered a reliable indication of market
value.  Neither the Partnership nor Brauvin 6, Inc. (the "Corporate
General Partner") will redeem or repurchase outstanding Units.

  Pursuant to the terms of the Agreement, there are restrictions
on the ability of the Limited Partners to transfer their Units.  In
all cases, the General Partners must consent to any substitution of
a Limited Partner.

  Cash distributions from operations to Limited Partners for 1997
and 1996 were $513,471, and $373,062, respectively.  As a result of
the refinancing of the Shoppes mortgage, a distribution of $999,919 
representing a return of capital was made to the Limited Partners
on August 15, 1995.

Item 6. Management's Discussion and Analysis or Plan of Operation.

General 

  Certain statements in this Annual Report that are not historical
fact constitute "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995.  Discussions
containing forward-looking statements may be found in this section
and in the section entitled "Description of Business".  Without
limiting the foregoing, words such as "anticipates", "expects",
"intends", "plans" and similar expressions are intended to identify
forward-looking statements.  These statements are subject to a
number of risks and uncertainties.  Actual results could differ
materially from those projected in the forward-looking statements. 
The Partnership undertakes no obligation to update these forward-
looking statements to reflect future events or circumstances.

Year 2000

  In 1997, the Partnership initiated the conversion from its
existing accounting software to a program that is year 2000
compliant.  Management has determined that the year 2000 issue will
not pose significant operational problems for its computer system. 
All costs associated with this conversion are being expensed as
incurred, and are not material.

  Also in 1997, management of the Partnership initiated formal
communications with all of its significant third party vendors,
service providers and financial institutions to determine the
extent to which the Partnership is vulnerable to those third
parties failure to remedy their own year 2000 issue.  There can be
no guarantee that the systems of these third parties will be timely
converted and would not have an adverse effect on the Partnership. 

Liquidity and Capital Resources

  The Partnership intends to satisfy its short-term liquidity needs
through cash reserves and cash flow from the properties.  Long-term
needs are expected to be satisfied through mortgage refinancing. 
See Item 2 for a description of the mortgage modifications affected
to date.
 
  On April 6, 1995, the Partnership obtained a first mortgage loan
in the amount of $6,100,000 (the "First Mortgage Loan") secured by
Shoppes from Morgan Stanley Mortgage Capital, Inc.  The First
Mortgage Loan bears interest at the rate of 9.55% per annum,
amortizes over a 25-year period, requires monthly payments of
principal and interest of approximately $53,000 and matures on May
1, 2002.  A portion of the proceeds of the First Mortgage Loan,
approximately $4,675,000, were used to retire an existing mortgage
secured by Shoppes from Crown Life Insurance Company.  The
remaining proceeds were used to pay loan closing costs and a
$999,919 return of capital distribution to the Limited Partners.

  The Partnership was required to make a balloon mortgage payment
for Delchamps in December 1996 in the amount of $2,823,000.  Prior
to the scheduled maturity of the first mortgage loan, the Lender
granted the Partnership an extension until February 1, 1997.  On
January 14, 1997, the Partnership obtained a first mortgage loan in
the amount of $2,925,000 (the "First Mortgage Loan") secured by 
Delchamps from NationsBanc Mortgage Capital Corporation.  The First
Mortgage Loan bears interest at the rate of 9.03% per annum, is
amortized over a 25-year period, requires monthly payments of
principal and interest of approximately $24,600 and matures on
February 1, 2002.  A portion of the proceeds of the First Mortgage
Loan, approximately $2,809,000 were used to retire the existing
mortgage secured by Delchamps from Lincoln National Life Insurance 
Company.

  The Partnership has paid annual cash distributions to Limited
Partners since 1986, as many of the Partnership's properties have
been operating in strong retail markets.

  Below is a table summarizing the historical data for distribution
per Limited Partnership Interest for the last two years:

Distribution
    Date                1998     1997     1996    

February 15            $16.49   $15.39   $12.65  
May 15                           16.14    13.06  
August 15                        16.31    10.88
November 15                      17.63    11.00  


  A distribution of Operating Cash Flow for the fourth quarter of
1997 was made to the Limited Partners on February 15, 1998 in the
amount of $129,354.  The Preferential Distribution Deficiency
equaled $3,909,919 after this last distribution, a $186,560
increase over 1996.

  The General Partners expect to distribute proceeds from operating
cash flow, if any, and from the sale of real estate to Limited
Partners in a manner that is consistent with the investment
objectives of the Partnership.  Management of the Partnership
believes that cash needs may arise from time to time which will
have the effect of reducing distributions to Limited Partners to
amounts less than would be available from refinancings or sale
proceeds.  These cash needs include, among other things,
maintenance of working capital reserves in compliance with the 
Agreement as well as payments for major repairs, tenant
improvements and leasing commissions in support of real estate
operations.

Results of Operations

  The Partnership's revenue and expenses are affected primarily by
the operations of the properties.  Property operations, and in
particular the components of income, demand for space and rental
rates are, to a large extent, determined by local and national
market conditions.  These market conditions, all beyond the control
of the Partnership and its General Partners, have affected the real
estate industry since the late 1980's and have combined to cause
severe economic hardships for real estate owners.  Some of the
specific market conditions are as follows:

  *   The savings and loan crisis resulted in the creation of the
Resolution Trust Corp. (RTC).  The RTC sponsored auctions where
large blocks of properties were sold at distressed prices.  The low
price paid by the new owners enabled them to reduce asking rental
rates resulting in significantly lower market rents for all
competing properties.

  *   The emergence of "Category Killer" retailers who occupied
large "Box" spaces in new developments known as "Power Centers"
attracted tenants from the smaller and more traditional "Community
Centers" resulting in increased vacancies and downward pressure on
market rental rates.

  *   The continuing softness in retail sales has resulted in store
closings.  This has in turn resulted in increased vacancies and an
overall softness in demand for retail space which results in
downward pressure on market rents.

  These conditions have generally adversely impacted the
Partnership's property economics.  The specific impact of these
economic conditions on 1997 and 1996 results are discussed in the
section "Results of Operations - 1997 Compared to 1996", below.


  The General Partners conduct an in-depth assessment of each
property's physical condition as well as a demographic analysis to
assess opportunities for increasing occupancy and rental rates and
decreasing operating costs.  In all instances, decisions concerning
restructuring of loan terms, reversions and subsequent operation of
the property are made with the intent of maximizing the potential
proceeds to the Partnership and, therefore, return of investment
and income to Limited Partners.

  In certain instances and under limited circumstances, management
of the Partnership entered into negotiations with lenders for the
purpose of restructuring the terms of loans to provide for debt
service levels that could be supported by operations of the
properties.  When negotiations are unsuccessful, management of the
Partnership considers the possibility of reverting the properties
to the first mortgage lender.  Foreclosure proceedings may require
6 to 24 months to conclude.

  An affiliate of the Partnership and the General Partners is
assigned responsibility for day-to-day management of the
properties.  The affiliate receives a combined management and
leasing fee which cannot exceed 6% of gross revenues generated by
the properties.  Management fee rates are determined by the extent
of services provided by the affiliate versus services that may be
provided by third parties, i.e., independent leasing agents.  In
all instances, fees paid by the Partnership to the property
management affiliate are, in the General Partners' opinion,
comparable to fees that would be paid to independent third parties.

Results of Operations 1997 Compared to 1996
  (Amounts rounded to nearest $000's)

  The Partnership generated net income of $391,000 for the year
ended December 31, 1997 as compared to net income of $245,000 for
the same period in 1996.  The $146,000 increase in net income
resulted primarily from a $138,000 increase in total income.

  Total income for the year ended December 31, 1997 was $2,402,000
as compared to $2,264,000 for the same period in 1996, and increase
of $138,000.  The $138,000 increase resulted primarily from an
increase in rental income at Shoppes due to increased rental rates.

  For the year ended December 31, 1997 total expenses were
$2,011,000 as compared to $2,019,000 for the same period in 1996,
a decrease of $8,000.  The decrease of $8,000 was due primarily to
a decrease in operating expenses in 1997, which relates to non-
recurring irrigation work done at Shoppes in 1996.  The decrease in
operating expenses was offset by an increase in general and
administrative expense, which is a result of increased insurance
expense at Shoppes. 

Results of Operation - 1996 Compared to 1995
  (Amounts rounded to nearest 000's)

  The Partnership generated net income of $245,000 in 1996,
compared to income of $285,000 in 1995, a decrease of $40,000. 
This decrease resulted from a $59,000 decrease in total income, a
$249,000 decrease in total expenses, and a $231,000 decrease in the
equity interest in the Joint Venture's net income.  

  Total income was $2,264,000 in 1996 compared to $2,323,000 in
1995, a decrease of $59,000.  The $59,000 decrease was caused by a 
decrease in income at Del Champs.  This decrease was due primarily
to a decrease in the occupancy from 100% in 1995 to 98% in 1996. 
Also, Ponderosa income decreased which was a result of a decline in
percentage rent earned.

  Total expenses incurred in 1996 were $2,019,000 compared to
$2,269,000 in 1995 a decrease of $250,000.  This decrease was
caused primarily by a $172,000 decrease in administrative expenses
primarily associated with the foreclosure of the Joint Venture
Property.  Interest expense was lower by $59,000.  This decrease
was caused primarily by the interest expense at Shoppes decreasing
in comparison to 1995 when default interest was paid before the
refinancing on April 5, 1995.  Repairs and maintenance expenses 
decreased $73,000 when comparing 1996 to 1995.  In 1995 there were
various outdoor repairs at Shoppes and Del Champs which were not
necessary in 1996.

Item 7. Consolidated Financial Statements and Supplementary Data.

  See Index to Consolidated Financial Statements on Page F-1 of
this Form 10-KSB for consolidated financial statements where
applicable.

  The financial information required in Item 310(b) of Regulation
S-B is not applicable.

Item 8. Changes in and Disagreements with Accountants on                    
        Accounting and Financial Disclosure.

  On December 6, 1996, the Partnership dismissed Ernst & Young LLP
as its independent accountant.  Ernst & Young LLP's report on the
financial statements for either of the past two years did not
contain an adverse opinion or disclaimer of opinion and was not
modified as to uncertainty, audit scope or accounting principles. 
The decision to change the Partnership's accountant was made at the
recommendation of the General Partners to reduce the costs
associated with the audit.  In the Partnership's fiscal years ended
1994 and 1995 and the subsequent interim period preceding the
dismissal there were no disagreements with Ernst & Young LLP on any
matter of accounting principles or practices, financial statement
disclosure or audit scope or procedure which would have caused
Ernst & Young LLP to make reference to the matter in their report. 
There were no reportable events as that term is described in Item
304(a) (1) (iv) (B) of Regulation S-B.  

  On December 6, 1996, the Partnership engaged Deloitte & Touche
LLP as its independent accountant.  The decision to engage Deloitte
& Touche LLP was made following consideration by the General
Partners.  Neither the Partnership (nor someone on its behalf)
consulted Deloitte & Touche LLP regarding:  (i) the application of
accounting principles to a specific transaction, either completed
or proposed, or the type of audit opinion that might be rendered on
the Partnership's financial statements; or (ii) any matter that was
either the subject of a disagreement or a reportable event.
<PAGE>                             
                        PART III

Item 9.  Directors, Executive Officers, Promoters and Control               
         Persons; Compliance with Section 16 (a) of the Exchange         
         Act.

  The General Partners of the Partnership are:
         Brauvin 6, Inc., an Illinois corporation
         Mr. Jerome J. Brault, individually
         
  Brauvin 6, Inc. was formed under the laws of the State of
Illinois in 1986, with its issued and outstanding shares being
owned by A.G.E. Realty Corporation, Inc. (50%), and Messrs. Jerome
J. Brault (beneficially) (25%) and Cezar M. Froelich (25%).

  The principal officers and directors of the Corporate General
Partner are:

  Mr. Jerome J. Brault . . . . . . . . . . . . .Chairman of the Board of
                                       Directors, Director and President

  Mr. James L. Brault. . . . . . . . . . . .Vice President and Secretary

  Mr. B. Allen Aynessazian . . . . . . . . . . . . . Treasurer and Chief
                                                       Financial Officer

  The business experience during the past five years of the General
Partners, officers and directors is as follows:

  MR. JEROME J. BRAULT (age 64) chairman of the board of directors,
president and chief executive officer of the Corporate General
Partner, as well as a principal shareholder of the Corporate
General Partner.  He is a member and manager of Brauvin Real Estate
Funds, L.L.C.  Since 1979, he has been a shareholder, president and
a director of Brauvin/Chicago, Ltd.  He is an officer, director and
one of the principal shareholders of various Brauvin entities which
act as the general partners of six other publicly registered real
estate programs.  He is an officer, director and one of the
principal shareholders of Brauvin Associates, Inc., Brauvin
Management Company, Brauvin Advisory Services, Inc. and Brauvin
Securities, Inc., Illinois companies engaged in the real estate and
securities businesses.  He is a director, president and chief
executive officer of Brauvin Net Lease V, Inc.  Mr. Brault received
a B.S. in Business from DePaul University, Chicago, Illinois in
1959.

  MR. JAMES L. BRAULT (age 37) is a executive vice president and
secretary and is responsible for the overall operations of the
Corporate General Partner and other affiliates of the Corporate
General Partner.  He is a manager of Brauvin Real Estate Funds,
L.L.C.  He is an officer of various Brauvin entities which act as
the general partners of six other publicly registered real estate
programs.  Mr. Brault is executive vice president and assistant
secretary and is responsible for the overall operations of Brauvin
Management Company.  He is also an executive vice president and
secretary of Brauvin Net Lease V, Inc.  Prior to joining the
Brauvin organization in May 1989, he was a Vice President of the
Commercial Real Estate Division of the First National Bank of
Chicago ("First Chicago"), based in their Washington, D.C. office. 
Mr. Brault joined First Chicago in 1983 and his responsibilities
included the origination and management of commercial real estate
loans, as well as the direct management of a loan portfolio in
excess of $150 million.  Mr. Brault received a B.A. in Economics
from Williams College, Williamstown, Massachusetts in 1983 and an
M.B.A. in Finance and Investments from George Washington
University, Washington, D.C. in 1987.  Mr. Brault is the son of Mr.
Jerome J. Brault.

  MR. B. ALLEN AYNESSAZIAN (age 33) is the treasurer and chief
financial officer of the Corporate General Partner and other
affiliates of  the Corporate General Partner.  He is the chief
financial officer of various Brauvin publicly registered real
estate programs, including Brauvin Net Lease V, Inc.  He is also
responsible for the overall financial accounting of Brauvin
Management Company, Brauvin Financial, Inc. and related
partnerships.  He is also responsible for the Partnership's
accounting and financial reporting to regulatory agencies.  He
joined the Brauvin organization in August 1996.  Prior to that
time, he was the chief financial officer of Giordano's Enterprises,
a privately held, 40-restaurant, family-style pizza chain in the
Chicago metropolitan area where he worked since 1989.  While at
Giordano's, Mr. Aynessazian was responsible for all accounting
functions, lease negotiations and financings of new restaurants,
equipment and general corporate debt.  From 1987 to 1989, Mr.
Aynessazian worked in the accounting compliance and tax department
of KPMG Peat Marwick.  Mr. Aynessazian is a certified public
accountant.

Item 10.    Executive Compensation.

  (a & b) The Partnership is required to pay certain fees, make
distributions and allocate a share of the profits and losses of the
Partnership to the Corporate General Partner or other affiliates as
described under the caption "Compensation Table" on pages 10 to 12
of the Partnership's Prospectus, as supplemented, and the sections
of the Partnership Agreement entitled "Distribution of Operating
Cash Flow," "Allocation of Profits, Losses and Deductions,"
"Distribution of Net Sale or Refinancing Proceeds" and
"Compensation of General Partners and Their Affiliates" on pages
A-10 to A-15 of the Agreement, attached as Exhibit A to the
Prospectus.  The relationship of the Corporate General Partner (and
its directors and officers) to its affiliates is set forth in Item
9.  Reference is also made to Notes 2 and 4 of the Notes to
Consolidated Financial Statements filed with this annual report for
a description of such distributions and allocations.

  The General Partners received a share of Partnership income for
1997 and 1996.
  
  An affiliate of the General Partners is reimbursed for its direct
expenses relating to the administration of the Partnership.

  The Partnership does not have any employees and therefore there
is no compensation paid.

  (c - h)                Not applicable.
         
<PAGE>
Item 11. Security Ownership of Certain Beneficial Owners and 
         Management.

  (a)    No person or group is known by the Partnership to own
         beneficially more than 5% of the outstanding Units of the
         Partnership.

  (b)    The officers and directors of the Corporate General
         Partner do not, individually or as a group, own any
         Units.

  (c)    The Partnership is not aware of any arrangements, the
         operations of which may result in a change of control of
         the Partnership.

  No officer or director of the Corporate General Partner possesses
a right to acquire beneficial ownership of Units.  The General
Partners will share in the profits, losses and distributions of the
Partnership as outlined in Item 10, "Executive Compensation."

Item 12. Certain Relationships and Related Transactions.

  (a & b) The Partnership is entitled to engage in various
transactions involving affiliates of the Corporate General Partner,
as described in the sections of the Partnership's Prospectus, as
supplemented, entitled "Compensation Table" and "Conflicts of
Interest" at pages 10 to 15 and the section of the Agreement
entitled "Rights, Duties and Obligations of General Partners" at
pages A-17 to A-20 of the Agreement.  The relationship of the
Corporate General Partner to its affiliates is set forth in Item 9. 
Cezar M. Froelich resigned as an individual general partner of the
Partnership effective 90 days after August 14, 1997 but remains a
shareholder of the Corporate General Partner.  He is a principal of
the law firm of Shefsky & Froelich Ltd., which acted as securities
and real estate counsel to the Partnership.  Reference is made to
Note 4 of the Notes to Consolidated Financial Statements filed with
this annual report for a summary of transactions with affiliates.

  As a precondition to the new financing on Shoppes, the lender
required that ownership of the property reside in a special purpose
entity ("SPE").  To accommodate the lender's requirements,
ownership of the property was transferred to the SPE,
Brauvin/Shoppes on the Parkway L.P., which is owned 99% by the
Partnership and 1% by an affiliate of the General Partners. 
Distributions of Brauvin/Shoppes on the Parkway L.P. are
subordinated to the Partnership which effectively precludes any
distributions from the SPE to affiliates of the General Partners. 
The creation of Brauvin/Shoppes on the Parkway L.P. did not affect
the Partnership's economic ownership of the Shoppes property. 
Furthermore, this change in ownership structure had no material
effect on the consolidated financial statements of the Partnership.

  As a precondition to the new financing on Delchamps, the lender
required that ownership of the property reside in a SPE.  To
accommodate the lender's requirements, ownership of the property
was transferred to the SPE, Brauvin/Delchamps L.P., which is owned
99% by the Partnership and 1% by an affiliate of the General
Partners.  Distributions of Brauvin/Delchamps L.P. are subordinated
to the Partnership which effectively precludes any distributions
from the SPE to affiliates of the General Partners.  The creation
of Brauvin/Delchamps L.P. did not affect the Partnership's economic
ownership of the Delchamps property.  Furthermore, this change in
ownership structure had no material effect on the consolidated
financial statements of the Partnership.

  (c)    No management persons are indebted to the Partnership.

  (d)    There have been no transactions with promoters.

<PAGE>
Item 13. Exhibits, Consolidated Financial Statements, and Reports
         on Form 8-K.

(a) The following documents are filed as part of this report:

    (1) (2)    Consolidated Financial Statements (See Index to
               Consolidated Financial Statements filed with this
               annual report). 

    (3)        Exhibits required by the Securities and Exchange
               Commission Regulation S-B Item 601:

               Exhibit No.      Description
                  *3.(a)        Limited Partnership Agreement
                  *3.(b)        Articles of Incorporation of
                                Brauvin 6, Inc.
                  *3.(c)        By-Laws of Brauvin 6, Inc.
                  *3.(d)        Certificate of Limited
                                Partnership of the Partnership
                  *10.(a)       Escrow Agreement
                  *10.(b)(1)    Management Agreement
                   21.          Subsidiaries of the registrant
                   27.          Financial Data Schedule
                  *28           Pages 9-14 and A-15 to A-18 of
                                the Partnership's Prospectus and
                                the Agreement dated May 30, 1986,
                                as supplemented.

* Incorporated by reference from the exhibits filed with the
Partnership's registration statement (File No. 0-16857) on Form
S-11 filed under the Securities Act of 1933:

(b)    No portions of the annual report have been incorporated by
       reference in this Form 10-KSB.

(c)    Form 8-K. 
       None.

(d)    An annual report for the fiscal year 1997 will be sent to
       the Limited Partners subsequent to this filing.
<PAGE>                           
                                SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                     BRAUVIN INCOME PROPERTIES L.P. 6

                      BY: Brauvin 6, Inc.
                          Corporate General Partner

                          By:  /s/ Jerome J. Brault           
                               Jerome J. Brault
                               Chairman of the Board of 
                               Directors and President

                          By:  /s/ James L. Brault            
                               James L. Brault
                               Vice President and Secretary

                          By:  /s/ B. Allen Aynessazian       
                               B. Allen Aynessazian
                               Chief Financial Officer and 
                               Treasurer

                      INDIVIDUAL GENERAL PARTNER

                               /s/ Jerome J. Brault           
                               Jerome J. Brault

                               
Dated: March 31, 1998
<PAGE>            
                INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

                                                         Page

Independent Auditors' Report. . . . . . . . . . . . . . . F-2

Consolidated Balance Sheet, December 31, 1997 . . . . . . F-3

Consolidated Statements of Operations, for the years
ended December 31, 1997 and 1996  . . . . . . . . . . . . F-4

Consolidated Statements of Partners' Capital, for the 
years ended December 31, 1997 and 1996  . . . . . . . . . F-5

Consolidated Statements of Cash Flows, for the years 
ended December 31, 1997 and 1996  . . . . . . . . . . . . F-6

Notes to Consolidated Financial Statements. . . . . . . . F-7

All other schedules provided for in Item 13(a) of Form 10-KSB are
either not required, not applicable or immaterial.


<PAGE>                  
                        INDEPENDENT AUDITORS' REPORT

To the Partners of
Brauvin Income Properties L.P. 6

We have audited the accompanying consolidated balance sheet of
Brauvin Income Properties L.P. 6 and subsidiaries (a limited
partnership) as of December 31, 1997, and the related consolidated
statements of operations, partners' capital, and cash flows for the
years ended December 31, 1997 and 1996.  These consolidated
financial statements are the responsibility of the Partnership's
management.  Our responsibility is to express an opinion on these
consolidated financial statements based on our audits.

We conducted our audits in accordance with generally accepted
auditing standards.  Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the 
financial statements are free of material misstatement.  An audit
includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements.  An audit also
includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall
financial statement presentation.  We believe that our audits
provide a reasonable basis for our opinion.

In our opinion, such consolidated financial statements present
fairly, in all material respects, the financial position of Brauvin
Income Properties L.P. 6 and subsidiaries at December 31, 1997, and
the results of their operations and their cash flows for the years
ended December 31, 1997 and 1996 in conformity with generally
accepted accounting principles. 

                                        
/s/ Deloitte & Touche LLP

Chicago, Illinois
February 7, 1998

<PAGE>
                Brauvin Income Properties L.P. 6  
                (a Delaware limited partnership) 
                                 
                  CONSOLIDATED BALANCE SHEET

                                              December 31,         
                                                  1997             
ASSETS
Investment in real estate:
  Land                                         $ 2,756,651               
  Buildings and improvements                    10,706,672               
                                                13,463,323               
  Less accumulated depreciation                 (3,446,086)              
Net investment in real estate                   10,017,237               

Cash and cash equivalents                          749,946               
Rent receivable (net of
  allowances of $23,712)                           292,751               
Escrow and other deposits                          537,782               
Other assets                                       162,506               
       
    Total Assets                               $11,760,222               

LIABILITIES AND PARTNERS' CAPITAL
LIABILITIES:

Mortgage notes payable (Note 3)                 $8,826,677
Accounts payable and accrued
  expenses                                         224,646               
Due to affiliate                                    11,464
Tenant security deposits                            13,549               
    Total Liabilities                            9,076,336               

PARTNERS' CAPITAL:

General Partners                                    13,716               
Limited Partners (7,842.5
  limited partnership units
  issued and outstanding)                        2,670,170               
    Total Partners' Capital                      2,683,886               

    Total Liabilities and 
     Partners' Capital                         $11,760,222               

   See accompanying notes to consolidated financial statements
<PAGE>
                Brauvin Income Properties L.P. 6  
                (a Delaware limited partnership) 

              CONSOLIDATED STATEMENTS OF OPERATIONS
                For the years ended December 31, 

                                                1997            1996
INCOME
Rental (Note 5)                              $1,924,981     $1,845,313
Interest                                         47,312         35,877
Other, primarily 
  expense reimbursements                        429,707        383,271
     Total income                             2,402,000      2,264,461

EXPENSES
Interest                                        874,110         866,458
Depreciation                                    370,295         375,982
Real estate taxes                               131,087         130,628
Repairs and maintenance                          31,194          27,246
Management fees                                 148,593         146,370
Other property operating                        169,220         201,447
General and administrative                      286,098         271,045
     Total expenses                           2,010,597       2,019,176      
Net income                                   $  391,403      $  245,285      
Net income allocated to the
  General Partners                           $    3,914      $    2,453      
Net income  allocated to the
  Limited Partners                           $  387,489      $  242,832      
Net income per 
 limited partnership 
 interest (7,842.5 units)                    $    49.41      $    30.96    




   See accompanying notes to consolidated financial statements
<PAGE>           
                Brauvin Income Properties L.P. 6  
                (a Delaware limited partnership) 
           
           CONSOLIDATED STATEMENTS OF PARTNERS' CAPITAL
            Years ended December 31, 1997 and 1996

                                        General     Limited
                                        Partners  Partners*      Total   

Balance, January 1, 1996                $ 7,349  $2,926,382  $2,933,731

  Net income                              2,453     242,832     245,285
  Cash distributions                         --    (373,062)   (373,062)

Balance, December 31, 1996                9,802   2,796,152   2,805,954

  Net income                              3,914     387,489     391,403
  Cash distributions                         --    (513,471)   (513,471)

Balance, December 31, 1997             $ 13,716  $2,670,170  $2,683,886

* Cash distributions to Limited Partners per unit were $65.47 and
$47.57 for the years ended December 31, 1997 and 1996,
respectively.  

   See accompanying notes to consolidated financial statements
<PAGE>           
                Brauvin Income Properties L.P. 6  
                (a Delaware limited partnership) 

             CONSOLIDATED STATEMENTS OF CASH FLOWS
                For the years ended December 31,

                                            1997       1996  
Cash Flows From Operating Activities:
Net income                                $391,403  $  245,285
Adjustments to reconcile net income  
to net cash provided by 
operating activities:              
Depreciation                               370,295     375,982
Provision for doubtful accounts               (105)     24,599
(Increase) decrease in rent receivable     (22,836)     12,428
Increase in escrow and other deposits     (104,523)    (12,163)
Decrease (increase) in due
  from affiliates                            --            730
Decrease (increase) in other assets         71,690     (23,383)
Decrease in accounts
  payable and accrued expenses             (19,268)     (26,116)
Increase in due to affiliate                10,388          --
Increase (decrease) in 
  security deposits                          8,766        (800)
Net cash provided by operating 
  activities                               705,810      596,562       
Cash Flows From Investing Activities:
Capital expenditures                       (38,845)    (14,027)     
Cash used in investing activities          (38,845)    (14,027)    
Cash Flows From Financing Activities:
Repayment of mortgage notes payable     (2,913,092)   (147,865)
Proceeds from refinancing                2,925,000          --
Payment of loan fees                       (38,543)         --
Cash distributions to Limited
  Partners                               (513,471)    (373,062)
Net cash used in financing activities     (540,106)   (520,927)
Net increase in cash and cash
  equivalents                              126,859       61,608
Cash and cash equivalents at 
  beginning of year                        623,087      561,479

Cash and cash equivalents at end
  of year                               $  749,946    $ 623,087       
Supplemental disclosure of cash
 flow information:
   Cash paid for mortgage interest      $  836,624    $ 845,063
   See accompanying notes to consolidated financial statements
<PAGE>           
                  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                For the years ended December 31, 1997 and 1996

(1) ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     ORGANIZATION

     Brauvin Income Properties L.P. 6 (the "Partnership") is a
Delaware limited partnership organized for the purpose of
acquiring, operating, holding for investment and disposing of
commercial properties consisting principally of existing shopping
centers and, to a lesser extent, office and industrial buildings. 
The General Partners of the Partnership are Brauvin 6, Inc. and
Jerome J. Brault.  On August 8, 1997, Mr. Cezar M. Froelich
resigned as a Individual General Partner effective 90 days from
August 14, 1997.  Brauvin 6, Inc. is owned by the A.G.E. Realty
Corporation Inc.(50%) and by Messrs. Jerome J. Brault
(beneficially) (25%) and Froelich (25%).  A.G. Edwards & Sons, Inc.
and Brauvin Securities, Inc., affiliates of the General Partners,
were the selling agents of the Partnership.  The Partnership is
managed by an affiliate of the General Partners.

     The Partnership was formed in April 1986.  The Partnership filed
a Registration Statement on Form S-11 with the Securities and
Exchange Commission which became effective on May 30, 1986.  The
offering was terminated on August 31, 1987 having sold $7,842,500
in limited partnership interests.

     The Partnership has acquired the land and buildings underlying
Delchamps Shopping Center ("Delchamps"), Shoppes on the Parkway
("Shoppes") and a Ponderosa Restaurant ("Ponderosa").
     
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Management's Use of Estimates

     The preparation of financial statements in conformity with
generally accepted accounting principles requires management to
make estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and
liabilities at the date of the consolidated financial statements
and the reported amounts of revenues and expenses during the
reporting period.  Actual results could differ from those
estimates.

     Accounting Method

     The accompanying consolidated financial statements have been
prepared using the accrual method of accounting.
                                        
     Rental Income

     Rental income is recognized on a straight line basis over the
life of the related leases.  Differences between rental income
earned and amounts due per the respective lease agreements are
credited or charged, as applicable, to deferred rent receivable.

     Federal Income Taxes

     Under the provisions of the Internal Revenue Code, the
Partnership's income and losses are reportable by the partners on
their respective income tax returns.  Accordingly, no provision is
made for Federal income taxes in the consolidated financial
statements.
     
     Consolidation of Special Purpose Entities

     The Partnership has two special purpose entities ("SPE"),
Brauvin/Shoppes on the Parkway L.P. and Brauvin/Delchamps L.P.,
which are each  owned 99% by the Partnership and 1% by an affiliate
of the General Partners.  Distributions from each of the SPE's are
subordinated to the Partnership which effectively precludes any
distributions from an SPE to affiliates of the General Partners. 
The creation of each SPE did not affect the Partnership's economic
ownership of the properties.  Furthermore, this change in ownership
structure had no material effect on the consolidated financial
statements of the Partnership.

     Investment in Real Estate

     The Partnership's rental properties are stated at cost including
acquisition costs, leasing commissions, tenant improvements and net
of provision for impairment.  Depreciation and amortization are
recorded on a straight-line basis over the estimated economic lives
of the properties, which approximate 31.5 years, and the term of
the applicable leases, respectively.  Two of the Partnership's
properties are subject to liens under first mortgages (See Note 3).

     In 1995, the Partnership adopted Statement of Financial
Accounting Standards No. 121, "Accounting for the Impairment of
Long-Lived Assets and for Long-Lived Assets to be Disposed Of"
(SFAS 121).  The Partnership has performed an analysis of its long-
lived assets, and the Partnership's management determined that
there were no events or changes in circumstances that indicated
that the carrying amount of the assets may not be recoverable at
December 31, 1997 and 1996.  Accordingly, no impairment loss has
been recorded in the accompanying consolidated financial statements
for the years ended December 31, 1997 and 1996.

     Cash and Cash Equivalents

     Cash and cash equivalents include all highly liquid debt
instruments with an original maturity within three months of
purchase.

     Estimated Fair Value of Financial Instruments

     Disclosure of the estimated fair value of financial instruments
is made in accordance with the requirements of Statement of
Financial Accounting Standards No. 107, "Disclosures About Fair
Value of Financial Instruments".  The estimated fair value amounts
have been determined by using available market information and
appropriate valuation methodologies.  However, considerable
judgement is necessarily required in interpreting market data to
develop estimates of fair value.

     The fair value estimates presented herein are based on
information available to management as of December 31, 1997 and
1996, but may not necessarily be indicative of the amounts that the
Partnership could realize in a current market exchange.  The use of
different assumptions and/or estimation methodologies may have a
material effect on the estimated fair value amounts. 

     The carrying amounts of the following items are reasonable
estimates of fair value: cash and cash equivalents; rent receivable
escrow and other deposits; accounts payable and accrued expenses
and due to affiliate.  The mortgage notes payable at December 31,
1997 have a fair value of approximately $8,631,300 based upon
current interest rates offered for debt of similar instruments in
the market.

     Reclassifications

     Certain reclassifications have been made to the 1996 consolidated
financial statements to conform to classifications adopted in 1997.

(2)  PARTNERSHIP AGREEMENT

     The restated Limited Partnership Agreement (the "Agreement")
provides that 99% of the net profits and losses from operations of
the Partnership for each fiscal year of the Partnership shall be
allocated to the Limited Partners and 1% of the net profits and
losses from operations during each of said fiscal years shall be
allocated to the General Partners.

     All Operating Cash Flow, as such term is defined in the
Agreement, during any calendar year shall be distributed 99% to the 
Limited Partners and 1% to the General Partners.  The receipt by
the General Partners of such 1% of Operating Cash Flow shall be
subordinated to the receipt by the Limited Partners of Operating
Cash Flow equal to a 10% per annum, cumulative, non-compounded
return on Adjusted Investment, as such term is defined in the
Agreement (the "Preferential Distribution").  In the event the full
Preferential Distribution is not made in any year (herein referred
to as a "Preferential Distribution Deficiency") and Operating Cash
Flow is available in following years in excess of the Preferential
Distribution for said years, then the Limited Partners shall be
paid such excess Operating Cash Flow until they have been paid any
unpaid Preferential Distribution Deficiency from prior years.  For
subscribers who were admitted as Limited Partners during 1986, the
term "Preferential Distribution" shall mean a 12% per annum,
cumulative, non-compounded return on Adjusted Investment.

     A cash distribution for the fourth quarter of 1997 was made to
the Limited Partners on February 15, 1998 in the amount of
$129,354.  The Preferential Distribution Deficiency equaled
$3,909,919 after this last distribution.
     
(3)  MORTGAGE NOTES PAYABLE

     Mortgage notes payable at December 31, 1997, consisted of the
following:
                                                  Interest     Date
                                       1997        Rate         Due 
Shoppes on the Parkway(a)          $5,926,327      9.55%      5/01/02
Delchamps Plaza
 North Shopping Center(b)           2,900,350      9.03%      2/01/02
                                   $8,826,677

  The net carrying value of the Delchamps property and the Shoppes
property approximated $3,116,300 and $5,955,800, respectively, at
December 31, 1997.  Delchamps and Shoppes serve as collateral under
the respective nonrecourse debt obligations.

  Maturities of the mortgages payable are as follows:
  
            1998                   $  110,587
            1999                      121,490
            2000                      132,707
            2001                      146,554
            2002                    8,315,339
                                   $8,826,677

  (a) On April 6, 1995, the Partnership obtained a first mortgage
loan in the amount of $6,100,000 (the "First Mortgage Loan")
secured by Shoppes from Morgan Stanley Mortgage Capital, Inc. (the
"Successor Lender").  The First Mortgage Loan bears interest at the
rate of 9.55% per annum, amortizes over a 25-year period, requires
monthly payments of principal and interest of approximately $53,500
and matures on May 1, 2002.  A portion of the proceeds of the First
Mortgage Loan, approximately $4,675,000, were used to retire the
existing mortgage secured by Shoppes from Crown Life Insurance
Company.  The remaining proceeds were used to pay loan closing
costs and a $999,919 return of capital distribution to the Limited
Partners.

     As a precondition to the new financing, the Successor Lender
required that ownership of the property reside in a special purpose
entity ("SPE").  To accommodate the lender's requirements,
ownership of the property was transferred to the SPE,
Brauvin/Shoppes on the Parkway L.P., which is owned 99% by the
Partnership and 1% by an affiliate of the General Partners. 
Distributions of Brauvin/Shoppes on the Parkway L.P. are
subordinated to a cumulative return to the Partnership.  This 
subordination will effectively preclude any distributions from the
SPE to affiliates of the General Partners.  The creation of
Brauvin/Shoppes on the Parkway L.P. did not affect the
Partnership's economic ownership of the Shoppes property. 
Furthermore, this change in ownership structure had no material
effect on the consolidated financial statements of the Partnership.

     (b) The Partnership was required to make a balloon mortgage
payment for Delchamps in the amount of $2,823,249 in December 1996.
Prior to the scheduled maturity of the first mortgage loan, the
Lender granted the Partnership an extension until February 1, 1997. 
On January 14, 1997, the Partnership obtained a first mortgage loan
in the amount of $2,925,000(the "First Mortgage Loan") secured by
Delchamps from NationsBanc Mortgage Capital Corporation.  The First
Mortgage Loan bears interest at the rate of 9.03% per annum, is
amortized over a 25-year period, requires monthly payments of
principal and interest of approximately $24,600 and matures on
February 1, 2002.  A portion of the proceeds of the First Mortgage
Loan, approximately $2,809,000, were used to retire the existing
mortgage secured by Delchamps from Lincoln National Life Insurance
Company.
                                   
     As a precondition to the new financing on Delchamps, the lender
required that ownership of the property reside in a SPE.  To
accommodate the lender's requirements, ownership of the property
was transferred to the SPE, Brauvin/Delchamps L.P., which is owned
99% by the Partnership and 1% by an affiliate of the General
Partners.  Distributions of Brauvin/Delchamps L.P. are subordinated
to the Partnership which effectively precludes any distributions
from the SPE to affiliates of the General Partners.  The creation
of Brauvin/Delchamps L.P. did not affect the Partnership's economic
ownership of the Delchamps property.  Furthermore, this change in
ownership structure had no material effect on the consolidated
financial statements of the Partnership.

(4)  TRANSACTIONS WITH AFFILIATES

  Fees and other expenses paid to the General Partners or their
affiliates for the years ended December 31, 1997, and 1996 were as
follows:

                                           1997             1996
Management fees                         $137,811          $146,370
Reimbursable office expenses             159,282            78,551
Legal fees                                   499               679

  The Partnership believes the amounts paid to affiliates are
representative of amounts which would have been paid to independent
parties for similar services. The Partnership had made all payments
to affiliates, except for $682 for legal services and $10,782 for
management fees, as of December 31, 1997.  The Partnership had made
all payments to affiliates, except $1,076 for legal services, as of
December 31, 1996.
     
(5)  OPERATING LEASES

  The Partnership is the lessor in operating lease agreements with
tenants at its various properties.  The minimum future rental
income to be received on these operating leases (excluding
escalation amounts) is as follows:

                       1998                   $1,751,879
                       1999                    1,652,605
                       2000                    1,316,977
                       2001                    1,046,633
                       2002                      686,824
                    Thereafter                 1,410,362
                       Total                  $7,865,280

     Contingent rental income approximated $130,000 and $112,000 in
1997 and 1996, respectively.

     Collection of future rental income under these lease agreements
is subject to the financial stability of the underlying tenants.
Rental income received from the anchor tenant of Delchamps
approximates 16% and 18% of rental income for the Partnership for
the years ended December 31, 1997 and  1996, respectively.  Rental
income received from Ponderosa approximates 7.1% and 7.3% of rental
income for the Partnership for the years ended December 31, 1997
and 1996, respectively.

<PAGE>                          
                                EXHIBIT INDEX


Exhibit (21)           Subsidiaries of the Registrant               
  
Exhibit (27)           Financial Data Schedule
<PAGE>

                                Exhibit 21

Name of Subsidiary                            State of Formation

Brauvin/Shoppes on the Parkway L.P.               Delaware

Brauvin/Delchamps L.P.                            Delaware

<PAGE>