$795,000
$750,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
6552-6554 S Champlain AVE Chicago, IL 60637
12 Beds
4 Baths
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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Bought with Josephine Hood • Neighborhood Assistance Corp.