6552 6554 S Champlain Avenue
Chicago, IL 60637
- 12 beds
- 4 baths
- – sqft
- 5,412 sqft lot
- 1898 build
- – on site
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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!
Listing courtesy of MRED / Compass as distributed by MLS GRID
Last checked:
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Last updated Nov 19, 2024
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MLS# 12172355 —
The Building
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Year Built:1898
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Rebuilt:No
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New Construction:false
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Basement:None
Interior
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Rooms Total:12
Location
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Directions:Take Marquette Avenue, turn North onto Champlain Ave to 6552 S Champlain Avenue.
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Location:87120
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Location:85085
The Property
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Parcel Number:20222200390000
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Property Type:Residential Income
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Lot Size Dimensions:123X44
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 546-0254
- Office phone:
- (773) 482-1917
Taxes
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Tax Year:2023
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Tax Annual Amount:4658.34
Beds
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Bedrooms Total:12
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Bedrooms Possible:12
Baths
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Baths:4
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Full Baths:4
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:6
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Parking Onsite:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/18/24
Nov 18, 2024
|
Sold | MRED | $795,000 | 6.0% |
10/9/24
Oct 9, 2024
|
Sold Subject To Contingencies | MRED | $750,000 | |
9/25/24
Sep 25, 2024
|
Listed / Active | MRED | $750,000 |