6240 S Champlain Avenue, Chicago, IL 60637
6240 S Champlain Avenue
$449,900
11 beds
1910 BUILT
Welcome to your next investment venture in the vibrant and booming West Woodlawn neighborhood! This property boasts three unique units that are sure to capture your attention. Unit 1 Duplex Down (First Floor):3 bedrooms on the first floor;2 bedrooms on the lower floor;1 bathroom; rented at $1,850. Unit 2 (Second Floor): 4 bedrooms;1 bathroom; rented at $1595. Unit 3 (Garden Unit):1 bedroom; 1 bathroom; rented at $1,120. Radiator heat for cozy and efficient living **Investment Highlights:** All units currently rented out, nets $1,000/month.Great opportunity for an investor! Also perfect for any buyer intending to live on the property while enjoying rental income, and having your mortgage covered significantly. **Additional Benefits:** CHA (Chicago Housing Authority) approved, expanding rental possibilities. Proximity to the prestigious University of Chicago makes this an attractive location for potential tenants. Minutes away from the future Obama Presidential Library, adding cultural and historical value to the neighborhood. **Opportunity Awaits:** This property is being sold as-is, offering a fantastic opportunity for those looking to invest or settle down in a thriving community. Don't miss the chance to own a piece of West Woodlawn with unlimited potential! Parking pad in rear of house.

Area & Lot

Status
For Sale
MLS® ID
11955469
Type
Residential
Year Built
1910
School District
299

Interior

Bedrooms
11
Total Bathrooms
3

Exterior

Water Source
Lake Michigan,Public
Heat Type
Radiator(s)
Sewer
Public Sewer
Other Exterior Features
Storms/Screens

Financial

Sales Price
$449,900
Real Estate Tax
$4,625/yr

Property Images

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