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6240 S Champlain Ave, Chicago, IL, 60637

$434,900

Home List Price

$5,164*

Closing Credit

11 Bedrooms
3 Baths
House

Location

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6240 S Champlain Ave, Chicago$434,900

Buyer Closing Credits

$5,164*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1910
HeatingRadiant
BasementYes
MLS #12103816
StatusAccepting Backup Offers
(Contingent)

About 6240 S Champlain Ave

Welcome to 6240 S Champlain Ave, an exceptional investment opportunity in the rapidly developing West Woodlawn neighborhood. This well-maintained, CHA-approved multi-unit building offers both stability and growth potential for savvy investors and homeowners alike. Unit Breakdown: Unit 1 (First Floor, Duplex Down): Floors recently refinished Fresh paint throughout first floor 3 bedrooms on the first floor 2 bedrooms on the lower floor Currently vacant (last rented at $1,850/month) Unit 2 (Second Floor): 4 bedrooms, 1 bathroom Currently rented at $1,595/month Unit 3 (Garden Unit): 1 bedroom, 1 bathroom Currently rented at $1,120/month Building Amenities: Heating: Radiator heat for cozy and efficient living Laundry: On-site washer and dryer Parking: Parking pad at the rear of the house Investment Highlights: Washer/dryer onsite Owner-Occupancy Potential: Great opportunity to live in one unit while renting out the others Current Rental Income: $2,715 from two occupied units Potential Full Occupancy Income: Over $4,500/month Location Benefits: Prime Position: Close to major thoroughfares and public transportation, ensuring easy access to downtown Chicago and surrounding areas. Proximity: Near the prestigious University of Chicago, Washington Park, and the upcoming Obama Presidential Library, enhancing the neighborhood's cultural and historical significance. Community: Experience the vibrant, developing community of West Woodlawn, with ongoing revitalization projects adding to the area's appeal. Additional Benefits: As-Is Sale: The property is being sold as-is, with a 12-month home warranty included (up to $750). Thriving Community: Ideal for those looking to invest or settle down in a dynamic and growing neighborhood.

Property Details

Property Features

Property Information:

  • Year Built: 1910

Listing Office:

  • Office Name: REMAX Legends
  • Office Phone: (630) 216-8000
  • Listing Agent: Marcus Mason

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Exterior: Storms/Screens

Utilities

Utilities Information:

  • Heating: Radiant

Other

Directions Information:

  • Directions: North or south to 62nd street. East to Champlain. South to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $434,900

Tax Information:

  • Annual Amount: $3,745
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

6240 S Champlain Ave vs Chicago

129 DAYS ON ROCKET

+97 Days

$434,900

+$74.5K More

KEY TAKEAWAY

This property is $74.5K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12103816

Listing Office:

  • Office Name: REMAX Legends
  • Office Phone: (630) 216-8000
  • Listing Agent: Marcus Mason

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 9:15:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 21, 2018Home Sold
$310,000
Oct 20, 2010Home Sold
$45,000
Nov 22, 2006Home Sold
$237,500

Tax History

YEARPROP. TAXASSESSMENT
2019$3,745$18,640
2018$3,682$18,640
2017$4,618$21,453

History based on county public records data.

Payment Calculator

$2,238

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,370

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-491300
5
/10

  • Brownell Elementary School

  • 6741 S Michigan Ave

  • 0.87 miles

  • Public District Grades PK-6

school-card-donut-491301
7
/10

  • Woodlawn Elementary Community School

  • 6657 S Kimbark Ave

  • 0.95 miles

  • Public District Grades PK-6

school-card-donut-491302
5
/10

  • Shoesmith Elementary School

  • 1330 E 50th St

  • 1.84 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,408. The most common annual income of people living in Chicago, IL is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6240 S Champlain Ave

What is the listing price of this property?

The listing price of 6240 S Champlain Ave property is $434,900.

What type of property is this?

The property 6240 S Champlain Ave is a house located in Chicago, Illinois, 60637.

Is this property for sale now?

Accepting Backup Offers: 6240 S Champlain Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $3,745 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 21, 2018 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6240 S Champlain Ave has 11 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 6240 S Champlain Ave is 1910.

Rocket Homes›Illinois›Cook County›Chicago›60637›6240 S Champlain Ave

This home is located at 6240 S Champlain Ave in Chicago, IL and zip code 60637 in the Woodlawn neighborhood. This home was built in 1910. Features: 11 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $434,900.

Chicago, IL housing market in October 2024 saw over 539 listings sold above listed price, more than 337 sold at listed price and over 919 sold below. The number of listings in Chicago, IL increased by 14.5% between September 2024 and October 2024. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $360,336.

From Rocket Homes Real Estate and based on county public records data.

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