Active

Re-activated

11420 S Champlain Avenue

Chicago IL, 60628

$315,000


Active

Re-activated

6 Beds

5 Baths

Multi-family

Built in 1890

Courtesy of Family Pride Realty

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.

12069443

MLS ID

May 30, 2024

Listed

December 20, 2024

Updated

Map

11420 S Champlain Avenue
Chicago IL, 60628

Interior Features

Bedrooms

6


Total Bathrooms

5


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.12 Acres


Exterior Features

Porch, Storms/Screens


Architectual Style

Queen Anne


Roof

Rubber


Sewer

Public Sewer

School Information

School District

299

Other Property Details

Area Name

CHI - Pullman


Taxes

$3,094


Tax Frequency

Annually


Days on Market

206


Garage

Yes


Garage Spaces

3


Parking Total

3


View

No


County

Cook


Municipality

Hyde Park


Water Source

Lake Michigan


Pool

No


Zoning

MULTI

Listing History

Date

Event

Price

12/20/2024

Active

12/7/2024

Under contract

8/21/2024

Price change

$315,000

-5%

8/21/2024

Active

7/19/2024

Under contract

7/8/2024

Price change

$330,000

-5%

Courtesy of Family Pride Realty, Rickey Flournoy,
Listing Contact: 708-634-3093 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than NiKo Collaborative are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 12/20/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 2:40 PM UTC, 12/20/2024

 

 

Powered byLuxury Presence