SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC  20549

                                   FORM 8-K

                                CURRENT REPORT

                    PURSUANT TO SECTION 13 OR 15 (d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

       Date of Report (date of earliest event reported)  March 27, 1997

                          BALCOR PENSION INVESTORS-VI
         ------------------------------------------------------------
                           Exact Name of Registrant


Illinois                                0-14332
-----------------------------------     -----------------------------------
State or other jurisdiction             Commission file number

2355 Waukegan Road
Suite A200
Bannockburn, Illinois                   36-3319330
-----------------------------------     -----------------------------------
Address of principal                    I.R.S. Employer
executive offices                       Identification
                                        Number

60015
-----------------------------------
Zip Code


              Registrant's telephone number, including area code:
                                (847) 267-1600
<PAGE>
ITEM 2.  ACQUISITION OR DISPOSITION OF ASSETS
----------------------------------------------------------------------

Brookhollow/Stemmons Center

In 1985, a joint venture consisting of the Partnership and an affiliate (the
"Joint Venture") funded a $28,000,000 first mortgage loan collateralized by the
Brookhollow/Stemmons Center office complex, Dallas, Texas.  The Partnership
contributed $20,300,000 and the affiliate contributed $7,700,000, respectively,
to the Joint Venture for participating percentages in the Joint Venture of
72.5% and 27.5%, respectively. The Joint Venture obtained title to the property
through foreclosure in 1990. 

On March 27, 1997, the Joint Venture contracted to sell the property to an
unaffiliated party, CMD Southwest, Inc., an Arizona corporation, for a sale
price of $13,000,000.  The purchaser has deposited $250,000 into an escrow
account as earnest money.  The remainder of the sale price will be payable in
cash at closing, scheduled for April 29, 1997. From the proceeds of the sale,
the Joint Venture will pay $260,000 as a brokerage commission to an affiliate
of the third party providing property management services for the property and
will receive the remaining proceeds of approximately $12,740,000, less closing
costs.  Of such proceeds, $250,000 will be placed in escrow and will not be
disbursed to the Joint Venture until the earlier of the settlement of any
claims presented by the purchaser or October 27, 1997.  The Partnership's share
of the sale proceeds, including the escrowed funds, will be approximately
$9,237,000, less the Partnership's share of closing costs.
 
Neither the General Partner nor any affiliate will receive a brokerage
commission in connection with the sale of the property.  The General Partner
will be reimbursed by the Joint Venture for actual expenses incurred in
connection with the sale.

The closing is subject to the satisfaction of numerous terms and conditions.
There can be no assurance that all of the terms and conditions will be complied
with and, therefore, it is possible the sale of the property may not occur.
<PAGE>
ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS
----------------------------------------------------------------------

     (A)  FINANCIAL STATEMENTS AND EXHIBITS:

            None

     (B)  PRO FORMA FINANCIAL INFORMATION:

            None

     (C)  EXHIBITS:

          (2)  Agreement of Sale  relating to the sale of the 
               Brookhollow/Stemmons Center office complex, Dallas, Texas.


     No information is required under Items 1, 3, 4, 5, 6 and 8 and these items
have, therefore, been omitted.


Signature
-------------

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.


                         BALCOR PENSION INVESTORS-VI

                         By:  Balcor Mortgage Advisors-VI, an Illinois
                              general partnership, its general partner

                         By:  The Balcor Company, a Delaware corporation,
                              a partner

                         By:   /s/ Jerry M. Ogle
                              ------------------------------------
                                   Jerry M. Ogle, Managing Director 
                                   and Secretary

Dated:  April 11, 1997
<PAGE>
[{"type": "8-K", "sequence": "1", "description": "APRIL 11, 1997 8-K FOR BPI VI", "secsgml_size_bytes": 4647}]
{"company-data": {"conformed-name": "BALCOR PENSION INVESTORS VI", "cik": "0000755497", "assigned-sic": "6500", "irs-number": "363319330", "state-of-incorporation": "IL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-14332", "film-number": "97578636"}, "business-address": {"street1": "2355 WAUKGAN ROAD", "street2": "SUITE A200", "city": "DEERFIELD", "state": "IL", "zip": "60015", "phone": "7086772900"}}
SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC  20549

                                   FORM 8-K

                                CURRENT REPORT

                    PURSUANT TO SECTION 13 OR 15 (d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

       Date of Report (date of earliest event reported)  March 27, 1997

                          BALCOR PENSION INVESTORS-VI
         ------------------------------------------------------------
                           Exact Name of Registrant

Illinois                                0-14332
-----------------------------------     -----------------------------------
State or other jurisdiction             Commission file number

2355 Waukegan Road
Suite A200
Bannockburn, Illinois                   36-3319330
-----------------------------------     -----------------------------------
Address of principal                    I.R.S. Employer
executive offices                       Identification
                                        Number

60015
-----------------------------------
Zip Code

              Registrant's telephone number, including area code:
                                (847) 267-1600
ITEM 2.  ACQUISITION OR DISPOSITION OF ASSETS
----------------------------------------------------------------------

Brookhollow/Stemmons Center

In 1985, a joint venture consisting of the Partnership and an affiliate (the
"Joint Venture") funded a $28,000,000 first mortgage loan collateralized by the
Brookhollow/Stemmons Center office complex, Dallas, Texas.  The Partnership
contributed $20,300,000 and the affiliate contributed $7,700,000, respectively,
to the Joint Venture for participating percentages in the Joint Venture of
72.5% and 27.5%, respectively. The Joint Venture obtained title to the property
through foreclosure in 1990. 

On March 27, 1997, the Joint Venture contracted to sell the property to an
unaffiliated party, CMD Southwest, Inc., an Arizona corporation, for a sale
price of $13,000,000.  The purchaser has deposited $250,000 into an escrow
account as earnest money.  The remainder of the sale price will be payable in
cash at closing, scheduled for April 29, 1997. From the proceeds of the sale,
the Joint Venture will pay $260,000 as a brokerage commission to an affiliate
of the third party providing property management services for the property and
will receive the remaining proceeds of approximately $12,740,000, less closing
costs.  Of such proceeds, $250,000 will be placed in escrow and will not be
disbursed to the Joint Venture until the earlier of the settlement of any
claims presented by the purchaser or October 27, 1997.  The Partnership's share
of the sale proceeds, including the escrowed funds, will be approximately
$9,237,000, less the Partnership's share of closing costs.
 
Neither the General Partner nor any affiliate will receive a brokerage
commission in connection with the sale of the property.  The General Partner
will be reimbursed by the Joint Venture for actual expenses incurred in
connection with the sale.

The closing is subject to the satisfaction of numerous terms and conditions.
There can be no assurance that all of the terms and conditions will be complied
with and, therefore, it is possible the sale of the property may not occur.
ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS
----------------------------------------------------------------------

     (A)  FINANCIAL STATEMENTS AND EXHIBITS:

            None

     (B)  PRO FORMA FINANCIAL INFORMATION:

            None

     (C)  EXHIBITS:

          (2)  Agreement of Sale  relating to the sale of the 
               Brookhollow/Stemmons Center office complex, Dallas, Texas.

     No information is required under Items 1, 3, 4, 5, 6 and 8 and these items
have, therefore, been omitted.

Signature
-------------

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.

                         BALCOR PENSION INVESTORS-VI

                         By:  Balcor Mortgage Advisors-VI, an Illinois
                              general partnership, its general partner

                         By:  The Balcor Company, a Delaware corporation,
                              a partner

                         By:   /s/ Jerry M. Ogle
                              ------------------------------------
                                   Jerry M. Ogle, Managing Director 
                                   and Secretary

Dated:  April 11, 1997