6037 S Champlain AVE new

Chicago,IL 60637

$ 1095000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12435260

Year Built 1899

Annual Tax Amount $5,736

Tax Year 2023

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Cook

Area Chi - Woodlawn

Interior

Cooling Central Air

Exterior

Utilities Available Sewer Connected

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Structure Type Brick,Stone

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