Last Updated: 1/23/2017 1:08 AM
Description for 6214 S champlain Street Chicago, IL 60637
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)
Exterior / Lot Features
63rd Street to Champlain
Listing Price History
Chicago Real Estate
Chicago is located in Illinois. Chicago, Illinois 60637 has a population of 2,702,471.
The median household income in Chicago, Illinois 60637 is $47,408. The median household income for the surrounding county is $54,648 compared to the national median of $53,046. The median age of people living in Chicago 60637 is 33.1 years.
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