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$249,000

Est. payment - /mo

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6 Beds

2 Baths

3,049 Sqft Lot

Active Under Contract

4931 S Champlain AVE Chicago, IL 60615

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12597130

Style Bungalow

Bedrooms 6

Year Built 1890

Annual Tax Amount $4,664

Tax Year 2024

Lot Size 3,049 Sqft

Lot Dimensions 24 x 125

Property Sub-Type Two to Four Units

Property Description

INVESTOR SPECIAL in one of the city's hottest neighborhoods! This 2-unit building with a detached 2-car garage offers approximately 6 bedrooms, 2 bathrooms, and a full unfinished basement. Ideal for multiple strategies: perfect for house hackers, buy-and-hold investors, or developers. Zoned RM-5 with excellent upside: convert to a 3-flat (approximately 1,225 sq ft per unit, 3 bed/2 bath) with no zoning change needed, or reimagine as a single-family home. Basement features 7+ ft ceilings and 2 separate entrances. Strong area comps with new construction 3-flats across the street selling around $1.2M. Prime location with easy access to downtown, I-90/94, CTA Red and Green Lines, schools, and neighborhood amenities. Clean title. Cash or renovation loans only. Must see!

Location

State IL

County Cook

Area Chi - Grand Boulevard

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Full

Interior

Heating Natural Gas, Steam

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Other

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Luminita Ispas of Century 21 S.G.R., Inc.

Nearby School & Business

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106