Sold

Closed

6552-6554 S Champlain Avenue

Chicago IL, 60637

$795,000


Sold

Closed

12 Beds

4 Baths

Multi-family

Built in 1898

Courtesy of Compass

Amazing Investment Opportunity in the Heart of Woodlawn! Everything is new in this completely renovated 4-unit building that offers the perfect blend of modern luxury and smart investment potential. Each unit features 3 bedrooms and 1 bathroom with functional, open floor plans that maximize space and flow. Large windows flood the units with natural light, complementing the tall ceilings to create a bright and airy atmosphere. The kitchens are outfitted with quartz countertops, sleek shaker cabinets, and brand-new stainless steel appliances, all tied together with modern finishes for a contemporary look. Enjoy the convenience of dedicated parking spaces for each unit, and the added bonus of in-building laundry facilities for extra revenue. Located in the super-hot Woodlawn neighborhood, this property is just steps away from the Green Line El stop and a short distance to the University of Chicago, making it a prime spot for students, professionals, and families alike. Whether you're looking for a lucrative investment property or a stylish place to call home, this newly renovated building is a fantastic opportunity to live in one unit and rent out the other three units while taking advantage of as little as 5% down payment. Units rents projected to average around $1750/month producing great cash flow!

12172355

MLS ID

September 25, 2024

Listed

November 19, 2024

Updated

Map

6552-6554 S Champlain Avenue
Chicago IL, 60637

Interior Features

Bedrooms

12


Total Bathrooms

4


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Sewer

Public Sewer

School Information

School District

299

Other Property Details

Area Name

CHI - Woodlawn


Taxes

$4,658


Tax Frequency

Annually


Days on Market

13


Garage

No


Parking Total

6


View

No


County

Cook


Municipality

Hyde Park


Water Source

Lake Michigan


Pool

No


Zoning

MULTI

Listing History

Date

Event

Price

11/19/2024

Sold

$795,000

10/9/2024

Under contract

Courtesy of Compass, Tim Lorimer,
Listing Contact: 773-482-1917 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Hello Chicago Homes are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/19/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 1:19 AM UTC, 11/19/2024

 

 

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