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$250,000
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Property Description
INVESTOR SPECIAL in one of the city's hottest neighborhoods! This 2-unit building with a detached 2-car garage offers approximately 6 bedrooms, 2 bathrooms, and a full unfinished basement. Ideal for multiple strategies: perfect for house hackers, buy-and-hold investors, or developers. Zoned RM-5 with excellent upside: convert to a 3-flat (approximately 1,225 sq ft per unit, 3 bed/2 bath) with no zoning change needed, or reimagine as a single-family home. Basement features 7+ ft ceilings and 2 separate entrances. Strong area comps with new construction 3-flats across the street selling around $1.2M. Prime location with easy access to downtown, I-90/94, CTA Red and Green Lines, schools, and neighborhood amenities. Clean title. Cash or renovation loans only. Must see!
Full Property Details
Full Property Details for 4931 S Champlain Ave
General
- Sold For: $250,000
- Taxes: $4,664 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12597130
- Added to Site: 210 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: east/west on 47th St to Champlain Ave, south to property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Steam
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Bungalow
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Exterior Entry, Full
- Foundation: Block, Brick/Mortar
- Roof: Other
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 24 x 125
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1890
- Tax Amount: $4,664
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20102200120000
Listed by Century 21 S.G.R., Inc.
Sold by Kale Realty
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Schools
Schools serving 4931 S Champlain Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Reavis Elementary Math & Sci Spec School 834 East 50th Street, Chicago, IL 60615 | PK-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4931 S Champlain Ave
Date
Details
Price
Change
Source
9/15/2026
Sold
$250,000
0.4%
MLS
3/19/2026
Listed
$249,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4931 S Champlain Avenue, Chicago, IL 60615 (MLS# 12597130) is a Multi-Family property that was sold at $250,000 on September 15, 2026. Want to learn more about 4931 S Champlain Avenue? Do you have questions about finding other Multi-Family real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.

