Chicago, IL 60619 7459 S Champlain Avenue

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Presented By: Coldwell Banker Realty
  • MLS# 12339845
  • 04/27/2025
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  • Beds • 7

Home Details

Exciting Investment Opportunity in Greater Grand Crossing! Welcome to 7459 S Champlain Ave, a versatile 4-unit building with a coach house-all on a spacious 2.9X oversized lot with one PIN. Located just six blocks from the iconic Lem's BBQ and the James Beard Award-winning Brown Sugar Bakery, this property is perfectly positioned in one of Chicago's up-and-coming neighborhoods. The main building features four residential units, plus a coach house located at 644 E 75th St-included in the sale under the same PIN. Currently, 4 of the 5 total units are occupied, with one tenant preparing to vacate, presenting a perfect opportunity to increase rental income with updated market-rate tenants. All units are equipped with stoves and refrigerators, and one of the vacant unit's bathrooms is currently being updated, offering immediate upside. The property also boasts clean common hallways and has been well-maintained. Also includes a big unfinished basement in the main building. Whether you're a seasoned investor or just starting your portfolio, this multi-unit gem with extra coach house potential is ideal for adding value and increasing cash flow. Don't miss your chance to invest in this appreciating area with built-in income and room for growth. The Property is being sold "As IS"
Presented By: Coldwell Banker Realty

Interior Features for 7459 S Champlain Avenue

Other Interior Features

BasementUnfinished
Total Fireplaces

General for 7459 S Champlain Avenue

Additional Parcels Y/NNo
CityChicago
CoolingNone
CountyCook
DirectionsTravel East on 75th to get to the property. Located on the North Corner.
ElectricCircuit Breakers
Electric Expense300
Fuel Expense
Gross Income68496
Insurance Expense5698
Lot Size Square Feet9250
MLS AreaCHI - Greater Grand Crossing
MaintenanceExpense1000
ModificationTimestamp2025-05-16T16:32:02.825Z
Net Operating Income48858
Number Of Units Total5
Operating Expense19638
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount4416
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense0
Water Sewer Expense2324
Year Built1908
ZoningMULTI

Exterior for 7459 S Champlain Avenue

Lot Dimensions9250
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $399,999
MLS#12339845
List Date 04/27/2025
Property Type Multi-Family
Phone 847.485.2500
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