6552-6554 South Champlain Avenue

Chicago, IL 60637

$795,000
Last Sold Price
12
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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,...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 Agent

  1. Tim Lorimer

    Tim Lorimer

    Listing Agent

    Compass

    tim.lorimer@compass.com

    P: (630)-546-0254

Sold By Neighborhood Assistance Corp.

Property Details for 6552-6554 South Champlain Avenue

Area
CHI - Woodlawn
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
6.0
Heat/Fuel
Natural Gas
Zoning
MULTI
LISTING UPDATED: 11/18/2024 06:48 PM

Property Details for 6552-6554 South Champlain Avenue

StatusClosed
MLS #12172355
Days on Market13
Taxes$4,658 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1898
Lot Size0.12 AC / 5,412 SF
CountyCook County

Building Information for 6552-6554 South Champlain Avenue

Stories-Residences4Year Built1898Building Size-Lot Size0.12 AC / 5,412 SF

Property Information for 6552-6554 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: Space/s
  • Parking On Site: true
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 12
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2024
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 123X44
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 6552
  • East Coordinate: 418
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 24
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0
Unit 3
  • Unit Type Actual Rent: $1,700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 0
Unit 4
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 0

Property History for 6552-6554 South Champlain Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 6552-6554 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
Till Elementary Math & Science Academy
PublicPK to 8

Hirsch Metropolitan 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.

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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.

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 11/18/2024 06:48 PM. 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.