The growing demand for lightweight, high-performance materials in the automotive, aerospace, construction, and energy sectors has increased interest in 6000 series aluminum alloys. These alloys, primarily composed of magnesium (Mg) and silicon (Si), exhibit a balanced combination of mechanical strength, corrosion resistance, thermal conductivity, and good formability. This literature review aims to critically examine the influence of alloying elements, especially Mg, Si, Cu, Mn, and Fe on the mechanical properties and electrical conductivity of these alloys. To achieve this, peer-reviewed scientific articles published between 2007 and 2025 were selected from major databases such as Scopus, Web of Science, and Qualis-CAPES. Studies were included based on criteria such as experimental clarity, advanced microstructural characterization, and analysis of precipitation and processing effects. The review shows that small variations in chemical composition significantly affect the types, morphology, and distribution of precipitates, which in turn influence yield strength, ductility, and electrical resistivity. Furthermore, it highlights the effects of heat treatments (T4 and T6), thermomechanical processing (rolling, extrusion, Friction Stir Processing (FSP)), and solid solubility on microstructure and final performance. The technical and environmental viability of using recycled aluminum is also discussed, emphasizing the importance of controlling residual elements such as iron and manganese. The findings reinforce that a deep understanding of the structure–property relationship is essential to optimize these alloys for modern engineering applications. This integrated review serves as a reference for developing advanced materials that meet both performance and sustainability criteria in competitive industrial environments.