Closed

$750,000

6552-6554 Champlain Avenue, Chicago, IL 60637
12 Beds4 Baths13 days
6552-6554 Champlain Avenue·Chicago, IL 60637
12Bedrooms
4Bathrooms
1898Year Built
About This Home

Amazing Investment Opportunity in the Heart of Woodlawn! Everything is new in this completely renovated 4-unit building that offers the perfect blend of modern luxury and smart investment potential. Each unit features 3 bedrooms and 1 bathroom with functional, open floor plans that maximize space and flow. Large windows flood the units with natural light, complementing the tall ceilings to create a bright and airy atmosphere. The kitchens are outfitted with quartz countertops, sleek shaker cabinets, and brand-new stainless steel appliances, all tied together with modern finishes for a contemporary look. Enjoy the convenience of dedicated parking spaces for each unit, and the added bonus of in-building laundry facilities for extra revenue. Located in the super-hot Woodlawn neighborhood, this property is just steps away from the Green Line El stop and a short distance to the University of Chicago, making it a prime spot for students, professionals, and families alike. Whether you're looking for a lucrative investment property or a stylish place to call home, this newly renovated building is a fantastic opportunity to live in one unit and rent out the other three units while taking advantage of as little as 5% down payment. Units rents projected to average around $1750/month producing great cash flow!

MLS# 12172355Listed September 25, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms12
Total Bathrooms4
Total Rooms12

Size & Structure

Year Built1898
Lot Size123X44

Location

CountyCook
TownshipHyde Park
Zip Code60637

Financial

List Price$750,000
Annual Taxes (2023)$4,658
Monthly Tax Est.$388
Parcel #20222200390000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On Site
Tax & Financial
Annual Taxes
$4,658
Tax Year 2023
Monthly Tax Est.
$388
per month
Property Location

6552-6554 Champlain Avenue, Chicago, IL 60637Cook County

$750,000
6552-6554 Champlain Avenue
12 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
13 days on market
123X44
$4,658/yr taxes
$4,330
estimated monthly payment
Principal & Interest
$3,942/mo
Property Tax
$388/mo
$750,000
20% — $150,000
3%50%
6.875%
3%12%
Loan Amount
$600,000
Down Payment
$150,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Tim Lorimer
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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