6037 S Champlain Avenue Chicago, IL ^$ 1,095,000

6037 S Champlain Avenue

^$ 1,095,000

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6037 S Champlain Avenue

Chicago, IL, 60637

^$ 1,095,000

Bedrooms5 Baths0.0

Monthly Estimate*

^$ 6,831

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Multi-Family Home for sale in Chicago, IL

for $1,095,000 with 5 bedrooms. This home was built in 1899.

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.

Multi-Family Contingent

Price

^$ 1,095,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 5,736

Style

Multi-Family

Year Built

1899

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12435260

Features

General

Cooling Central Air

Utilities Sewer Connected

Possession Closing

Construction Materials Brick Stone

Year Built 1899

Electric Circuit Breakers Service - 0 to 100 Amps

Tenant Pays Electricity Heat

Stories Count 3

Township Hyde Park

Tax Year 2023

Current Use Multi-Family

Gross Income 107460

County Cook

Net Operating Income 87383

Operating Expense 20076

Insurance Expense 4438

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 0

Status Contingent

Directions S Cottage Grove Ave to E 61st St North to S Champlain Ave building on the right side

City Chicago

Number Of Units Total 8

MLS Area CHI - Woodlawn

Tax Annual Amount 5736.87

Electric Expense 576

Fuel Expense 1464

Trash Expense 1812

Water Sewer Expense 3600

Additional Parcels Y/N Y

Standard Status Active Under Contract

Cap Rate 7.98

Interior

Basement Finished

Total Fireplaces 0

Exterior

Water Source Municipal Water

Lot Dimensions 50x118x50x118 & 25x118x25x118

Frontage Type City Street

* Excluded Features

List By

Homesmart Connect Llc

Broker

realtormosescruz@gmail.com

Affordability Calculator

$7,309

Per Month

Monthly Principal & Interest: $6,831
Monthly Property Taxes: $478
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 44%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/2/2025	$1,095,000		Listed Price

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6037 S Champlain Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $1,095,000. 6037 S Champlain Avenue has 5 bedrooms, 0.0 baths, and was built in 1899. The property's zip code is 60637 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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 Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. 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.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/8/2025.

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6037 S Champlain Avenue

Multi-Family Home for sale in Chicago, IL

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