Eco Friendly
Address
6201 S Champlain Avenue Chicago, IL
Price
$ 1,500,000
Property Attributes
  • MLS#10896698
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Woodlawn
  • NeighborhoodWest Woodlawn
  • Zip60637
  • StyleMulti-Family
  • Year Built1915
  • Taxes14789
  • Price$ 1,500,000
  • Bedrooms10
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Exit Strategy Realty / EMA Management
Property Description

12 Unit corner building located in the rapidly appreciating Woodlawn community. Excellent location in the Northwest Quadrant of Woodlawn. Blocks to 63rd and Cottage Grove Greenline Train, new Jewel Grocery, 300+acre Washington Park, University of Chicago Campus and Hospital. The building was deconverted from a condominium development about 10 years ago and has many improvements not typically found in Multi Family offering in the area. Each unit has updated kitchens and bathrooms, individual HVAC, laundry hook up, individual water heaters, in-unit 100 amp electrical, hardwood floors in common areas, uniform carpet in bedrooms, modern windows secure entry, and new rear porches (2018). The building has been maintained by a professional corporate operator since deconversion and is currently professionally managed. Two entrances with 6 units per entrance, one entrance on Champlain, one entrance on 62nd Street. Great unit mix, four main-level, duplex-down apartments, each with 3 Bedrooms/3 Bathrooms. These units have modern mechanical systems in the lower level. The building also has two 3 Bedroom/2 Bath Units. The are also four 2 Bedroom/2bath units and two 2 bedroom/1 bath units. Excellent investment as currently configured and operated with value add opportunity. Woodlawn has strong growth potential and this building would be an excellent addition to a serious investors portfolio. All major systems in good and serviceable condition. Recent redevelopment surrounds this property, including the new mixed use and multifamily buildings located at 63rd and Cottage Grove and 60th and Cottage Grove. Residential rehab work is visible throughout the neighborhood.

Price History
10/8/2020 Listed $1,500,000

General Features

Property Type Commercial Sale
Property Type Multi Family 5+
Standard Status Active
Zoning MULTI

Interior Features

Basement Finished

Exterior Features

Exterior Brick
Lot Dimensions 60X122

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60637

Price
AVG $540K
$1.5M
Taxes
AVG $5,921
$14,789
Visits
AVG 57
31
Year Built
AVG 1921
1915
Walkscore
AVG 64
64
Data Provided by Walkscore ® not using MLS data
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