4931 S Champlain Ave Chicago, IL 60615
Grand Boulevard NeighborhoodEstimated payment $1,709/month
Highlights
- 2 Car Detached Garage
- Heating System Uses Steam
- 5-minute walk to Houston Neighborhood Park
- Bungalow
About This Home
INVESTOR SPECIAL in one of the city's hottest neighborhoods! This 2-unit building with a detached 2-car garage offers approximately 6 bedrooms, 2 bathrooms, and a full unfinished basement. Ideal for multiple strategies: perfect for house hackers, buy-and-hold investors, or developers. Zoned RM-5 with excellent upside: convert to a 3-flat (approximately 1,225 sq ft per unit, 3 bed/2 bath) with no zoning change needed, or reimagine as a single-family home. Basement features 7+ ft ceilings and 2 separate entrances. Strong area comps with new construction 3-flats across the street selling around $1.2M. Prime location with easy access to downtown, I-90/94, CTA Red and Green Lines, schools, and neighborhood amenities. Clean title. Cash or renovation loans only. Must see!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,664
Year Built
- Built in 1890
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 24 x 125
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Bungalow
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,664 | $41,001 | $10,938 | $30,063 |
| 2024 | $4,664 | $41,001 | $10,938 | $30,063 |
| 2023 | $4,507 | $28,001 | $10,938 | $17,063 |
| 2022 | $4,507 | $28,001 | $10,938 | $17,063 |
| 2021 | $4,438 | $27,999 | $10,937 | $17,062 |
| 2020 | $3,173 | $19,828 | $5,312 | $14,516 |
| 2019 | $3,287 | $22,532 | $5,312 | $17,220 |
| 2018 | $3,229 | $22,532 | $5,312 | $17,220 |
| 2017 | $4,648 | $21,591 | $4,375 | $17,216 |
| 2016 | $514 | $21,591 | $4,375 | $17,216 |
| 2015 | $3,132 | $21,591 | $4,375 | $17,216 |
| 2014 | $2,348 | $17,060 | $3,750 | $13,310 |
| 2013 | $2,625 | $17,060 | $3,750 | $13,310 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | Pending | -- | -- | -- |
| 03/19/2026 03/19/26 | For Sale | $249,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12597130
APN: 20102200120000
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Ask me questions while you tour the home.