6240 South Champlain Avenue

Chicago, IL 60637

$434,000
Last Sold Price
11
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 6240 S Champlain Ave, an exceptional investment opportunity in the rapidly developing West Woodlawn neighborhood. This well-maintained, CHA-approved multi-unit building offers both stability and growth potential for savvy investors and homeowners alike. Unit Breakdown: Unit 1 (First Floor, Duplex Down): Floors recently refinished Fresh paint throughout first floor 3 bedrooms on the first floor 2 bedrooms on the lower floor Currently vacant (last rented at $1,850/month) Unit 2 (Second Floor):...Welcome to 6240 S Champlain Ave, an exceptional investment opportunity in the rapidly developing West Woodlawn neighborhood. This well-maintained, CHA-approved multi-unit building offers both stability and growth potential for savvy investors and homeowners alike. Unit Breakdown: Unit 1 (First Floor, Duplex Down): Floors recently refinished Fresh paint throughout first floor 3 bedrooms on the first floor 2 bedrooms on the lower floor Currently vacant (last rented at $1,850/month) Unit 2 (Second Floor): 4 bedrooms, 1 bathroom Currently rented at $1,595/month Unit 3 (Garden Unit): 1 bedroom, 1 bathroom Currently rented at $1,120/month Building Amenities: Heating: Radiator heat for cozy and efficient living Laundry: On-site washer and dryer Parking: Parking pad at the rear of the house Investment Highlights: Washer/dryer onsite Owner-Occupancy Potential: Great opportunity to live in one unit while renting out the others Current Rental Income: $2,715 from two occupied units Potential Full Occupancy Income: Over $4,500/month Location Benefits: Prime Position: Close to major thoroughfares and public transportation, ensuring easy access to downtown Chicago and surrounding areas. Proximity: Near the prestigious University of Chicago, Washington Park, and the upcoming Obama Presidential Library, enhancing the neighborhood's cultural and historical significance. Community: Experience the vibrant, developing community of West Woodlawn, with ongoing revitalization projects adding to the area's appeal. Additional Benefits: As-Is Sale: The property is being sold as-is, with a 12-month home warranty included (up to $750). Thriving Community: Ideal for those looking to invest or settle down in a dynamic and growing neighborhood.
  1. Listed by Marcus Mason • REMAX Legends
  2. Listed by Lydia Memeti • REMAX Legends

Sold By Signature Realty Services.

Property Details for 6240 South Champlain Avenue

Area
CHI - Woodlawn
Township
South Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Radiator(s)
LISTING UPDATED: 11/20/2024 02:19 AM

Property Details for 6240 South Champlain Avenue

StatusClosed
MLS #12103816
Days on Market96
Taxes$4,730 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1910
Lot Size0.09 AC / 3,750 SF
CountyCook County

Building Information for 6240 South Champlain Avenue

Stories-Residences3Year Built1910Building Size-Lot Size0.09 AC / 3,750 SF

Property Information for 6240 South Champlain Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 11
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • Exterior Property Features: Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3750 SQ FT
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • North Coordinate: 0
  • South Coordinate: 6200
  • East Coordinate: 640
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 20
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MONTH
Unit 2
  • Unit Type Actual Rent: $1,595.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/25
Unit 3
  • Unit Type Actual Rent: $1,120.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MONTH

Property History for 6240 South Champlain Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6240 South Champlain Avenue

Taxable ValueLand$5,337Additions$17,662Total$22,999
Tax Record2022$4,730 ($394 / month)
Home Facts
Baths2Total Finished SqFt3,104 SqFtAbove Grade Finished SqFt3,104 SqFtStories2Lot Size4,270 SqFtStyleMulti-Family Res (5+ Units)Year Built1915CountyCOOKAPN20-15-420-028Fireplace TypeHas Fireplace

Schools near 6240 South Champlain Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Fiske Elementary School
PublicPK to 8

Hyde Park Academy High School
Public9 to 12

YCCS-Progressive Leadership Acad
Charter9 to 12

Univ of Chicago Chtr-Woodlawn
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REMAX Legends

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/20/2024 02:19 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.