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Active

11420 S Champlain AVE Chicago, IL 60628

6 Beds

5,227 Sqft Lot

UPDATED:

08/28/2024 08:01 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12069443

Style Queen Anne

Bedrooms 6

Year Built 1890

Annual Tax Amount $3,094

Tax Year 2022

Lot Size 5,227 Sqft

Lot Dimensions 43 X 125

Property Description

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 60% 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 ALL CLOSING COSTS!! REPEAT, BUYER IS RESPONSIBLE FOR ALL 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.

Location

State IL

County Cook

Area Chi - Pullman

Zoning MULTI

Rooms

Basement Full, Walkout

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Porch, Storms/Screens

Garage Detached

Garage Spaces 2.5

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved, Other

Waterfront false

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Rickey Flournoy • Family Pride Realty

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