6037 South Champlain Avenue, Chicago, IL

$1,095,000

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About 6037 South Champlain Avenue

Fully leased well maintained 8-unit building in prime location the Woodlawn area, 3 blocks away from university hospital and 1 mile from the Obama center. This 8-unit building offers six-3 bedrooms 1 bath, and two-2-bedrooms 1 bath. The two 2-bedroom units are handicap accessible. This building was rehabbed from the studs to the roof 30 years ago. Tenants pay their own gas and electricity. Current Cap rate is 7.98 with cap rate projection of 10.02 & projected GRM of 8.31. Vacant lot adjacent(south) to this building is included with the sale.

Features of 6037 South Champlain Avenue

MLS® # 12435260
Price $1,095,000
Bathrooms 0.00
Acres 0.00
Year Built 1899
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 6037 South Champlain Avenue
Area CHI - Woodlawn
City Chicago
County Cook
State IL
Zip Code 60637

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement Yes
Basement Finished

Exterior

Exterior Brick, Stone

Additional Information

Days on Market 79
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHomeSmart Connect LLC
Contact Info847-495-5000

Listing Map

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