Chicago, IL 60637,6552-6554 S Champlain AVE
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Chicago, IL 60637,6552-6554 S Champlain AVE
Chicago, IL 60637,6552-6554 S Champlain AVE
Chicago, IL 60637,6552-6554 S Champlain AVE
Chicago, IL 60637,6552-6554 S Champlain AVE

$795,000

Est. payment /mo

$750,000

6.0%
Est.Price: ?

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6552-6554 S Champlain AVE Chicago, IL 60637

12 Beds

4 Baths

SOLD DATE : 11/18/2024

Key Details

Sold Price $795,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12172355

Sold Date 11/18/24

Bedrooms 12

Year Built 1898

Annual Tax Amount $4,658

Tax Year 2023

Lot Dimensions 123X44

Property Sub-Type Two to Four Units

Property Description

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!

Location

State IL

County Cook

Area Chi - Woodlawn

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Tim Lorimer • Compass
Bought with Josephine Hood • Neighborhood Assistance Corp.
agent

Dick Barr, CRS

Managing Broker | License ID: 471.011187

+1(847) 644-1154

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