6814 S Champlain Avenue, Chicago, Illinois 60637
- $110,000
- Sold Price
- $110,000
- List Price
- $119,900
- Closing Date
- Oct 04, 2024
- MLS#
- 12107328
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Residential Income
- County
- Cook
- City
- Chicago
- Neighborhood
- Park Manor
- Days On Market
- 38
Property Description
Located in sought after Woodlawn which is a hotter than hot market, this legal all brick 3 unit offers the layout and upside every investor searches for, this is the true definition of a diamond in the ruff! The lower level unit has separate egress in the front and rear of the building, there are two additional units which have very open and spacious layouts with unlimited upside! All the units are stripped to to the studs, the building only has floor joists in place! Do not walk on the floor joists, everything is needed, consider this a full renovation when running numbers! Rear porch is moderately newer, building is on a deep lot in which there is plenty of space for a garage! The upside here is endless, the location is ideal as Woodlawn is on fire, blocks from the Skyway, close to the Lakefront, get inside this today and explore the potential which awaits. Rehab, build equity and rent all three units, combine the basement and first floor into an owners unit while living mortgage free and renting the second floor, either way this is a win win situation. Do not sleep on this one as buildings in this condition with this upside in this location do not hit the market often!
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Additional Information
- School District
- 299
- Corporate Limits
- Chicago
- Tax Year
- 2022
- Tax Amount
- $3,085
- Year Built
- 1909
- Lot Dimensions
- 25 X 123
- Lot Size Range
- Less Than .25 Acre
- Units
- 3
- Parking Spaces
- 2
- Parking Details
- On Site
- Heating
- Natural Gas
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid
Selling Office: Coldwell Banker Realty.
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