7206 S Champlain Avenue, Chicago, IL 60619
Local realty services provided by:Better Homes and Gardens Real Estate Connections
7206 S Champlain Avenue,Chicago, IL 60619
$190,000
- 9 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: paulette edwards, sybil martin
Office: coldwell banker realty
MLS#:12316636
Source:MLSNI
Price summary
- Price:$190,000
About this home
Investor's Dream - Full Gut Rehab in Greater Grand Crossing! Unlock endless potential with this classic 2-flat Greystone in Chicago's vibrant Park Manor neighborhood. Whether you're a seasoned investor or an ambitious buyer, this gem offers limitless possibilities to maximize your returns. Add a third unit by converting the walk-out basement into an income-generating apartment and transform this property into a true moneymaker. Exuding timeless charm with its historic facade and solid structure, each unit boasts 3 spacious bedrooms, elegant formal living and dining rooms, and eat-in kitchens with walk-in pantries. Original hardwood floors throughout are ready to be restored to their former glory, adding unmatched character to every inch of this property. The full walk-out basement is bursting with potential for additional living space, creating the perfect opportunity for multi-family living or rental income. With estimated rental earnings of $4,800 monthly-equivalent to an impressive $57,600 annually-this property is primed for substantial financial gain. The expansive side lot is an entertainer's paradise, ideal for gatherings, grilling, or creating a lush retreat, while the 2-car garage ensures convenience and added value. Strategically located in the Greater Grand Crossing community, this property is close to schools, parks, public transportation, and shopping, making it a prime location for tenants or homeowners alike. Whether you envision flipping it for profit, renting it out for steady income, or restoring it to perfection, the possibilities here are truly boundless. Don't miss the chance to turn your vision into reality with this once-in-a-lifetime investment opportunity. Schedule a showing today and start building your future!
Contact an agent
Home facts
- Year built:1893
- Listing ID #:12316636
- Added:240 day(s) ago
- Updated:November 27, 2025 at 05:47 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Steam
Structure and exterior
- Roof:Rubber
- Year built:1893
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$190,000
- Tax amount:$1,407 (2022)
New listings near 7206 S Champlain Avenue
- Open Sat, 10am to 12pmNew
$249,000Active3 beds 2 baths12230 S Throop Street, Chicago, IL 60643
MLS# 12520529Listed by: KELLER WILLIAMS PREFERRED REALTY - New
$610,000Active2 beds 3 baths1,800 sq. ft.130 S Canal Street #9F, Chicago, IL 60606
MLS# 12522231Listed by: KELLER WILLIAMS RLTY PARTNERS - Open Sun, 11am to 1pmNew
$524,900Active5 beds 2 baths2,156 sq. ft.6614 W Belmont Avenue, Chicago, IL 60634
MLS# 12524469Listed by: TIMOTHY A. WITKOWSKI - New
$562,000Active6 beds 2 baths3407 N Avers Avenue, Chicago, IL 60618
MLS# 12524670Listed by: COLDWELL BANKER - New
$315,000Active6 beds 4 baths4805 S Elizabeth Street, Chicago, IL 60609
MLS# 12524679Listed by: COLDWELL BANKER REALTY - New
$278,000Active4 beds 3 baths1,504 sq. ft.4309 W Monroe Street, Chicago, IL 60624
MLS# 12524661Listed by: REAL PEOPLE REALTY - New
$449,000Active4 beds 3 baths1,366 sq. ft.5335 W Barry Avenue, Chicago, IL 60641
MLS# 12524671Listed by: REALTY OF AMERICA, LLC - New
$155,000Active4 beds 3 baths1,048 sq. ft.9606 S Morgan Street, Chicago, IL 60643
MLS# 12524651Listed by: LPT REALTY - New
$230,000Active2 beds 1 baths950 sq. ft.5815 N Spaulding Avenue #2C, Chicago, IL 60659
MLS# 12524628Listed by: CENTURY 21 CIRCLE - New
$109,000Active3 beds 2 baths1,232 sq. ft.325 E 68th Street, Chicago, IL 60637
MLS# 12524626Listed by: HOMESMART CONNECT LLC