7206 S Champlain AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60619
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Park Manor
MLS Listing ID 12316636
Style Greystone
Bedrooms 7
Year Built 1893
Annual Tax Amount $1,407
Tax Year 2022
Lot Dimensions 50X127
Property Sub-Type Two to Four Units
Property Description
Investor's Dream - Full Gut Rehab in Greater Grand Crossing! Unlock endless potential with this classic 2-flat Greystone in Chicago's vibrant Park Manor neighborhood. Whether you're a seasoned investor or an ambitious buyer, this gem offers limitless possibilities to maximize your returns. Add a third unit by converting the walk-out basement into an income-generating apartment and transform this property into a true moneymaker. Exuding timeless charm with its historic facade and solid structure, each unit boasts 3 spacious bedrooms, elegant formal living and dining rooms, and eat-in kitchens with walk-in pantries. Original hardwood floors throughout are ready to be restored to their former glory, adding unmatched character to every inch of this property. The full walk-out basement is bursting with potential for additional living space, creating the perfect opportunity for multi-family living or rental income. With estimated rental earnings of $4,800 monthly-equivalent to an impressive $57,600 annually-this property is primed for substantial financial gain. The expansive side lot is an entertainer's paradise, ideal for gatherings, grilling, or creating a lush retreat, while the 2-car garage ensures convenience and added value. Strategically located in the Greater Grand Crossing community, this property is close to schools, parks, public transportation, and shopping, making it a prime location for tenants or homeowners alike. Whether you envision flipping it for profit, renting it out for steady income, or restoring it to perfection, the possibilities here are truly boundless. Don't miss the chance to turn your vision into reality with this once-in-a-lifetime investment opportunity. Schedule a showing today and start building your future!
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Zoning MULTI
Rooms
Basement Finished,Exterior Entry,Full,Walk-Out Access
Interior
Heating Steam
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Rubber
Building
Dwelling Type Two to Four Units
Building Description Stone,Limestone, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Stone,Limestone
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany