NOT LISTED FOR SALE

6240 S Champlain Ave Chicago, IL 60637

Washington Park Neighborhood
11 Beds
3 Baths
-- Sq Ft
1910 Built

Last Sold November 15, 2024

Last sale price $434,000

94 Days on Market

About This Home

As of November 2024

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.

Last Agent to Sell the Property

Marcus Mason

REMAX Legends License #475193842 Listed on: 07/08/2024

Co-Listed By

Lydia Memeti

REMAX Legends License #475137300

Last Buyer's Agent

Rosemary Murphy

Century 21 IMPACT License #471017322

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,730

Year Built

  • Built in 1910

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Radiator
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Paved or Partially Paved Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,730

Year Built

Built in 1910

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 11
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 3750 SQ FT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4730
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $434,000 -0.2% --
10/11/2024 10/11/24 Pending -- -- --
09/16/2024 09/16/24 Price Changed $434,900 -3.2% --
09/14/2024 09/14/24 For Sale $449,500 0.0% --
08/29/2024 08/29/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $449,500 0.0% --
07/19/2024 07/19/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $449,500 +45.0% --
06/19/2018 06/19/18 Sold $310,000 -3.1% -- View Prior Sale
06/15/2018 06/15/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $320,000 0.0% --
05/09/2018 05/09/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $320,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,870 $28,001 $5,338 $22,663
2024 $4,870 $28,001 $5,338 $22,663
2023 $4,730 $23,001 $5,338 $17,663
2022 $4,730 $23,001 $5,338 $17,663
2021 $4,625 $22,999 $5,337 $17,662
2020 $3,654 $16,403 $5,337 $11,066
2019 $3,745 $18,640 $5,337 $13,303
2018 $3,682 $18,640 $5,337 $13,303
2017 $4,618 $21,453 $4,697 $16,756
2016 $4,297 $21,453 $4,697 $16,756
2015 $3,931 $21,453 $4,697 $16,756
2014 $3,506 $18,897 $3,843 $15,054
2013 $3,437 $18,897 $3,843 $15,054
Source: Public Records

Agents Affiliated with this Home

  • Marcus Mason

    Seller's Agent in 2024

    Marcus Mason

    RE/MAX

    (312) 843-0037

    1 in this area

    89 Total Sales

    Marcus Mason
    Section Image
  • Lydia Memeti

    Seller Co-Listing Agent in 2024

    Lydia Memeti

    RE/MAX

    (708) 267-0971

    1 in this area

    358 Total Sales

    Lydia Memeti
    Section Image

  • R

    Buyer's Agent in 2024

    Rosemary Murphy

    Century 21 IMPACT

    (773) 619-3027

    1 in this area

    87 Total Sales

    Rosemary Murphy
    Section Image
  • Amanda Stapleton

    Seller's Agent in 2018

    Amanda Stapleton

    Blue Door Dave Inc

    (773) 305-6528

    1 in this area

    120 Total Sales

    Amanda Stapleton
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12103816

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60637 Washington Park

6240 S Champlain Ave, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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