6240 Champlain Avenue, Woodlawn, Chicago, Illinois 60637


$434,000

Sold
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
Map
Street View

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
1910
No
Cook
— / —
12103816
20154200280000

Property History

DATE: EVENT: PRICE: SOURCE:
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

All Bedroom Info:
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
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Floor Type: —
Third Bedroom Info:
Dimensions: —
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Fourth Bedroom Info:
Dimensions: —
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Fifth Bedroom Info:
Dimensions: —
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Sixth Bedroom Info:
Dimensions: —
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Seventh Bedroom Info:
Dimensions: —
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Eighth Bedroom Info:
Dimensions: —
Location: —
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Ninth Bedroom Info:
Dimensions: —
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Tenth Bedroom Info:
Dimensions: —
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Bedroom Info:
Dimensions: —
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Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Finished

Other Specifics

3750 SQ FT
Not in DB

Tax History

Year Property Taxes
2010 $4,040
2018 $4,297
2024 $4,730

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