$1,095,000
6037 S Champlain Avenue
Chicago, IL, 60637
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.
Property Details
Price:
$1,095,000
MLS #:
MRD12435260
Status:
Active
Beds:
0
Baths:
0
Address:
6037 S Champlain Avenue
Type:
Commercial
Neighborhood:
CHI – Woodlawn
City:
Chicago
Listed Date:
Aug 2, 2025
State:
IL
ZIP:
60637
Year Built:
1899
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick, Stone
Financial
Tax Year
2023
Taxes
$5,737
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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6037 S Champlain Avenue
Chicago, IL
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