11420 S Champlain Avenue
Chicago, IL, 60628
$315,000
6 Beds
5 Baths
0 SqFt
0.12 Acres
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$315,000
11420 S Champlain Avenue
Chicago, IL, 60628
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PREVIOUS CONTRACT FELL THROUGH DUE TO BUYER FINANCING! At this price this is a steal to seize this once-in-a-lifetime opportunity to own a stunning piece of history in the nationally landmarked community of Pullman! Multi-family properties like this are a rare find and won’t stay on the market for long. Historic Pullman is a serene oasis in the city, offering unlimited major transportation options and convenient access to all city arteries. The area is booming with new developments, including the upcoming CTA Red Line expansion and exciting new dining options like Chick-Fil-A. Just two blocks away, you’ll find a world-class international golf center, perfect for those who love to golf. This diverse and welcoming neighborhood is truly second to none, making it the ideal place to call home or invest in. Built in 1890, this charming building boasts significant renovations completed in 2024 on three of its four units, with over half of the work already done. The seller’s personal circumstances have created a golden opportunity for you to complete the renovations and instantly gain equity. Whether you choose to rent the units short-term or long-term, this property promises excellent residual income potential. This multi-family property would also be perfect for an owner occupant to live while making money or for the perfect related living situation. The property is being sold AS-IS and the BUYER IS RESPONSIBLE FOR THEIR OWN CLOSING COSTS!! REPEAT, BUYER IS RESPONSIBLE FOR THEIR OWN CLOSING COSTS! EXPERIENCED INVESTORS OR BUYERS ONLY! Seller prefers CASH buyers, but will consider hard money, conventional, or rehab loans for the right buyer! Seller is asking for a quick closing of 30 days or less. BUILDING IS FULLY VACANT, so you can start anew with your own tenants. Don’t miss your chance to own this magnificent multi-family property that once completed, would have instant equity. Act now and secure a piece of Pullman’s rich history and bright future.

Property Details

Price:
$315,000
MLS #:
MRD12069443
Status:
Active Under Contract
Beds:
6
Baths:
5
Address:
11420 S Champlain Avenue
Type:
Multi Family
Neighborhood:
CHI – Pullman
City:
Chicago
Listed Date:
May 29, 2024
State:
IL
ZIP:
60628
Year Built:
1890

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Architectural Style
Queen Anne
Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved, Other
Exterior Features
Porch, Storms/ Screens
Other Structures
Garage(s)
Parking Spots
25
Roof
Rubber

Financial

Tax Year
2022
Taxes
$3,094
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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11420 S Champlain Avenue
Chicago, IL