6240 S Champlain Avenue Chicago, IL 60637
Welcome to 6240 S Champlain Ave, an exceptional investment opportunity in the rapidly developing West Woodlawn neighborhood. This well-maintained, CHA-approved multi-unit building offers both stability and growth potential for savvy investors and homeowners alike. Unit Breakdown: Unit 1 (First Floor, Duplex Down): Floors recently refinished Fresh paint throughout first floor 3 bedrooms on the first floor 2 bedrooms on the lower floor Currently vacant (last rented at $1, 850/month) Unit 2 (Second Floor): 4 bedrooms, 1 bathroom Currently rented at $1, 595/month Unit 3 (Garden Unit): 1 bedroom, 1 bathroom Currently rented at $1, 120/month Building Amenities: Heating: Radiator heat for cozy and efficient living Laundry: On-site washer and dryer Parking: Parking pad at the rear of the house Investment Highlights: Washer/dryer onsite Owner-Occupancy Potential: Great opportunity to live in one unit while renting out the others Current Rental Income: $2, 715 from two occupied units Potential Full Occupancy Income: Over $4, 500/month Location Benefits: Prime Position: Close to major thoroughfares and public transportation, ensuring easy access to downtown Chicago and surrounding areas. Proximity: Near the prestigious University of Chicago, Washington Park, and the upcoming Obama Presidential Library, enhancing the neighborhood's cultural and historical significance. Community: Experience the vibrant, developing community of West Woodlawn, with ongoing revitalization projects adding to the area's appeal. Additional Benefits: As-Is Sale: The property is being sold as-is, with a 12-month home warranty included (up to $750). Thriving Community: Ideal for those looking to invest or settle down in a dynamic and growing neighborhood.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCook
- Taxes$4,730
- HOA/Condo/Coop Fees$0
- Days on Site51 Days
- MLS StatusActive
- MLS ID Number12103816
- Home Size Source N/A
- Year Built1910
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 6240 S Champlain Avenue Chicago, IL 60637
2 weeks ago | |
3 weeks ago | |
3 weeks ago | |
a month ago | |
2 months ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Parking Spaces 0
- Sewer Public Sewer
- Basement Full
- Water PublicLake Michigan
- Property Sub Type Multi Family
- General Information School Bus ServiceCommuter BusCommuter TrainInterstate AccessHistorical District
- Rooms Total 12
- Lot Size Less Than .25 Acre
- Parking Total 0
Interior Features
- Heating Radiator(s)
Exterior Features
- Waterfront Property No
- Exterior Storms/ ScreensStorms/Screens
Community Features
- Township South Chicago
- Community Features CurbsSidewalksStreet LightsStreet Paved
- MLS Area CHI - Woodlawn