Seller's Agent in 2024
Marcus Mason
RE/MAX
(312) 843-0037
1 in this area
89 Total Sales
6240 S Champlain Ave Chicago, IL 60637
Washington Park Neighborhood
11
Beds
3
Baths
--
Sq Ft
1910
Built
About This Home
As of November 2024Welcome 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.
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
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Home Values in the Area
Average Home Value in this Area
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 Compared to Growth
Agents Affiliated with this Home
-
Marcus Mason
-
Lydia Memeti
Seller Co-Listing Agent in 2024
Lydia Memeti
RE/MAX
(708) 267-0971
1 in this area
367 Total Sales
-
Rosemary Murphy
R
Buyer's Agent in 2024
Rosemary Murphy
Century 21 IMPACT
(773) 619-3027
1 in this area
87 Total Sales
-
Amanda Stapleton
Seller's Agent in 2018
Amanda Stapleton
Blue Door Dave Inc
(773) 219-5014
1 in this area
118 Total Sales
-
L
Buyer's Agent in 2018
Lishelle Bishop
Kaylis Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12103816
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