6214 S Champlain St., Chicago, IL 60637

6214 S Champlain St., Chicago, IL 60637
Photo 1 of 11
$205,000
Sold on 4/10/17
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $3,761.47 1918
On the market: 52 days
View full details, 15 photos, school info, and price history
Situated on a beautiful block steps from the University of Chicago, this 1918 construction jumbo brick 2-flat features a Lg 4 bd 3 bth duplex down 1st floor unit & a 4 bd 2 bth top floor unit. Both units sport over-sized master suites w/ luxurious jacuzzi tubs with custom tiles & walk-in closets. The building is larger than most in the area with above grade Sq. Ft. of 3187sf & the gross rental income is outstanding at $33,600 annually. The units have separate HVAC heating, gas, electric, & separate W/D hookups in the rear. Tenants pay all utilities & expenses are low. For the investor, this is a 15% cap rate building with no updating or work needed. For the owner occupant, an FHA buyer could live on the top floor and the duplex down rental income would cover all expenses. could live here for free! Both units are currently vacant awaiting a new owner and/or tenants. Walking distance to Washington Park, the Univ. of Chicago, & the Cottage Grove Green Line stop (six minutes away)
Listing courtesy of Beau Shirley, Coldwell Banker Realty