7459 S Champlain Ave Chicago, IL 60619
Park Manor NeighborhoodEstimated payment $2,395/month
About This Home
Exciting Investment Opportunity in Greater Grand Crossing! FULLY OCCUPIED building and coachhouse. 14.8 Cap rate, that's something... Don't miss this 5-unit property with an included vacant lot, offering excellent potential for investors. Seperate Electrical and forced heating in each unit, including the coach house. The main building features four residential units plus a coach house, all under the same PIN (644 E 75th St). All 5 units are rented. Highlights include: * Brand new porch rear eletrical upgrades and landing built in September 2025 * Two units updated with paint stove fridge*Two Brand new exterior basement doors.* 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 $77,844
- 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 |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | Price Changed | $379,999 | -5.0% | -- |
| 01/08/2026 01/08/26 | For Sale | $399,999 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12543098
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.