7459 S Champlain Ave Chicago, IL 60619
Park Manor NeighborhoodEstimated payment $2,445/month
About This Home
Exciting Investment Opportunity in Greater Grand Crossing! Don't miss this 5-unit property with an included vacant lot, offering excellent potential for investors. The main building features four residential units plus a coach house, all under the same PIN (644 E 75th St). Currently, 3 of the 5 units are rented, with two vacant units providing the opportunity to bring in updated, market-rate rents. Highlights include: * Brand new porch and landing built in September 2025 * Spacious 3-bedroom unit with updated bathroom * All units include stoves and refrigerators * Clean and well-maintained common areas * Large unfinished basement in the main building * Coach house for added rental income potential * Vacant lot included for expansion or additional value Located just six blocks from Chicago landmarks like Lem's BBQ and the James Beard Award-winning Brown Sugar Bakery, this property is positioned in a fast-appreciating neighborhood with strong rental demand. Whether you're looking to add value, increase cash flow, or expand your portfolio, this multi-unit with a coach house and vacant lot is a true investment opportunity. Property sold As-Is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,416
Year Built
- Built in 1908
Utilities
- No Cooling
- Central Heating
Additional Features
- 2-Story Property
- 9,250 Sq Ft Lot
- Unfinished Basement
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $300
- Insurance Expense $5,698
- Maintenance Expense $1,000
- Manager Expense $4,100
- Water Sewer Expense $2,324
- Operating Expense $19,638
- Gross Income $68,496
- Net Operating Income $48,858
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 | $4,416 | $27,855 | $8,325 | $19,530 |
| 2024 | $4,416 | $27,855 | $8,325 | $19,530 |
| 2023 | $4,271 | $16,894 | $11,563 | $5,331 |
| 2022 | $4,271 | $16,894 | $11,563 | $5,331 |
| 2021 | $4,207 | $16,893 | $11,562 | $5,331 |
| 2020 | $5,370 | $19,924 | $11,562 | $8,362 |
| 2019 | $10,336 | $42,608 | $11,562 | $31,046 |
| 2018 | $10,199 | $42,608 | $11,562 | $31,046 |
| 2017 | $9,831 | $38,369 | $10,175 | $28,194 |
| 2016 | $9,183 | $38,369 | $10,175 | $28,194 |
| 2015 | $9,624 | $43,446 | $10,175 | $33,271 |
| 2014 | $9,013 | $40,113 | $8,325 | $31,788 |
| 2013 | $7,086 | $40,113 | $8,325 | $31,788 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2026 01/08/26 | For Sale | $399,999 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12543098
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