6240 Champlain Avenue, Woodlawn, Chicago, Illinois 60637
$434,000
Sold
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Status: | Closed |
Sqft: | 0 |
Cost/Sqft: | — |
Beds: | 11 |
Baths: | 0 |
Year Built: | 1910 |
Property Taxes: | $4,730 |
Days On Market: | 441 |
Lot Size: | 0,00 |
Description
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 Specifics
Multi-unit | |
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1910 | |
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No | |
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Cook | |
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12103816 | |
20154200280000 |
Property History
DATE: | EVENT: | PRICE: | SOURCE: |
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30 Sep, 2010 | Sold | $45,000 | MRED MLS |
17 Sep, 2010 | Under contract | $49,900 | MRED MLS |
— | Last price change | $59,900 | MRED MLS |
17 Jun, 2010 | Listed for sale | $49,900 | MRED MLS |
19 Jun, 2018 | Sold | $310,000 | MRED MLS |
1 May, 2018 | Under contract | $320,000 | MRED MLS |
23 Apr, 2018 | Listed for sale | $320,000 | MRED MLS |
15 Nov, 2024 | Sold | $434,000 | MRED MLS |
11 Oct, 2024 | Under contract | $434,900 | MRED MLS |
— | Last price change | $449,500 | MRED MLS |
8 Jul, 2024 | Listed for sale | $449,500 | MRED MLS |




















Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished
Other Specifics
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3750 SQ FT | |
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Not in DB | |
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Tax History
Year | Property Taxes |
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2010 | $4,040 |
2018 | $4,297 |
2024 | $4,730 |
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