6037 S Champlain Ave Chicago, IL 60637
Washington Park NeighborhoodEstimated payment $6,521/month
About This Home
Prime 8-Unit Income Property in Woodlawn just steps from University of Chicago. Invest in one of Woodlawn's most desirable locations with this well-maintained 8-unit building, just three blocks from the University of Chicago Hospital and approximately one mile from the Obama Presidential Center. Strong, consistent rental demand makes this an exceptional income-generating opportunity. The property features six spacious 3-bedroom/1-bath units and two 2-bedroom/1-bath units, appealing to a wide range of tenants. Fully renovated down to the studs 30 years ago and meticulously maintained by long-term ownership. The building offers a hassle-free investment with tenants responsible for their own gas and electricity. Each unit can be easily converted to include in-unit laundry, as a drain, gas line, hot and cold water connections, and a dryer vent are already in place, allowing for straightforward installation. The property has no lead pipes with new sewage lines installed in December 2023. Additional highlights include a spacious, fenced concrete backyard with handicap-accessible ramps. The backyard can also be easily converted into multiple parking spaces. This is a rare opportunity to acquire a stable, income-producing property in a rapidly appreciating Woodlawn neighborhood.
Listing Agent
Chicagoland Realty & Associates Inc License #471005792 Listed on: 02/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,883
Year Built
- Built in 1899
Lot Details
- 6,000 Sq Ft Lot
- Additional Parcels
Home Design
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 7,548 Sq Ft Home
- 3-Story Property
- Finished Basement
Utilities
- Central Heating
- 100 Amp Service
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $576
- Fuel Expense $1,610
- Insurance Expense $5,700
- Trash Expense $1,903
- Water Sewer Expense $5,400
- Operating Expense $26,716
- Gross Income $102,300
- Net Operating Income $87,383
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 | $4,943 | $49,014 | $7,500 | $41,514 |
| 2024 | $4,943 | $49,014 | $7,500 | $41,514 |
| 2023 | $4,818 | $23,351 | $7,500 | $15,851 |
| 2022 | $4,818 | $23,351 | $7,500 | $15,851 |
| 2021 | $4,710 | $23,351 | $7,500 | $15,851 |
| 2020 | $4,237 | $19,021 | $7,500 | $11,521 |
| 2019 | $4,343 | $21,615 | $7,500 | $14,115 |
| 2018 | $4,585 | $23,211 | $7,500 | $15,711 |
| 2017 | $6,421 | $29,827 | $6,600 | $23,227 |
| 2016 | $5,974 | $29,827 | $6,600 | $23,227 |
| 2015 | $5,466 | $29,827 | $6,600 | $23,227 |
| 2014 | $4,853 | $26,157 | $5,400 | $20,757 |
| 2013 | $6,034 | $33,177 | $5,400 | $27,777 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $1,095,000 | -- | $145 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12546266
APN: 20154060050000
- 6049 S Champlain Ave
- 6035 S St Lawrence Ave Unit GS
- 6049 S Saint Lawrence Ave
- 532 E 61st St
- 541 E 60th St Unit 1
- 6052 S Rhodes Ave
- 6149 S Rhodes Ave
- 6111 S Eberhart Ave
- 6148 S Rhodes Ave
- 6230 S Langley Ave
- 6233 S Langley Ave
- 6240 S Evans Ave
- 6149 S Vernon Ave
- 6112 S Vernon Ave
- 6234 S Rhodes Ave
- 6104 S Ingleside Ave Unit CH
- 6201 S Drexel Ave
- 500-512 E 63rd St
- 415 E 63rd St
- 6103 S Ingleside Ave Unit 1
- 6016 S Saint Lawrence Ave Unit 1
- 6146 S Evans Ave Unit 2
- 6128 S Rhodes Ave Unit 2
- 6128 S Rhodes Ave Unit 1
- 507 E 60th St Unit 1
- 6205-6215 S Langley Ave
- 6210 S Evans Ave Unit ID1306921P
- 6145 S Eberhart Ave Unit 1
- 6140 S Drexel Ave
- 6326 S Saint Lawrence Ave
- 6326 S Saint Lawrence Ave
- 6160-6212 S King Dr
- 6321 S Eberhart Ave Unit 2
- 6321 S Eberhart Ave Unit 1
- 6339 S Eberhart Ave Unit 1
- 6339 S Eberhart Ave Unit G
- 6236 S King Dr
- 5942 S Calumet Ave Unit 2
- 5942 S Calumet Ave Unit 2
- 6244 S King Dr