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7903 South Champlain Avenue, Chicago, IL 60619

$275,000

  • For Sale
  • Active
  • Commercial
  • 19,569 Sq. Ft.
  • Updated 2 days ago
7903 South Champlain Avenue, Chicago, IL 60619 View this property at 7903 South Champlain Avenue, Chicago, IL 60619
7903 South Champlain Avenue Chicago IL 60619

Map & Location

Street View

Property Description

Investor Dream!!! Value-Add mixed-use 22 unit mixed-use building located in the East Chatham Neighborhood. 16 residential apartments (3 occupied) and 6 ground level retail/office (2 occupied). Unit mix: 11 - studios; 1- 2 bedroom; 4 - 1 bedrooms. Upgrades include new boiler and hot water heater. Any Investor MUST assume the current Circuit Court case 14-M1-402397, that includes electrical upgrades. The rent roll and current financials are included in this listing. All viewing requests will be made for 11am. Located near 79th street & Cottage Grove retail corridor. Great upside potential!

Full Property Details for 7903 South Champlain Avenue

  • Price: $275,000
  • Taxes: $15,992 (2014)
  • Status: Active
  • Type: Commercial
  • MLS ID: 09570477
  • Updated: 5/21/2017
  • Added: 64 day(s) ago

Property History

  • 7903 South Champlain Avenue, Chicago, IL
  • Listed at $275,000 on 3/20/17

Interior

  • Number of Rooms: 4

Location

  • Area: CHI - Chatham
  • County: Cook
  • Township: HYDE PARK
  • Driving Directions: Cottage Grove north or south to 79th street and west to the property

Heating & Cooling

  • Cooling Type: Window Air Conditioning
  • Heating Type: Central Building Heat, Central Heat/Individual Controls

Structural Information

  • Structure Type: Corridor (Exterior Entrance)
  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 3
  • Square Feet: 19,569
  • Year Built: 1927
  • Built Before 1978: Yes
  • Remodeled/Updated: 2017

Unit Information

Unit 1

  • Number of Units: 11

Unit 2

  • Number of Units: 4
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 2

Unit 5

  • Number of Units: 3
  • Full Bathrooms: 1

Lot Features

  • Lot Size (Sq. Ft.): 7,135
  • Lot Dimensions: 57 x 125
  • Zoning: COMMR

Financial Considerations

  • Tax Amount: $15,992
  • Tax Year: 2014
  • Tenant Pays: Electric, Heat

Disclosures and Reports

  • APN: 20342050010000

Listed by Clark Maple LLC

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Estimate the Cost

7903 South Champlain Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

7903 South Champlain Avenue, Chicago, IL 60619 (MLS# 09570477) is a Commercial property. 7903 South Champlain Avenue is currently listed for $275,000 and was received on March 20, 2017. Want to learn more about 7903 South Champlain Avenue? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

Listed by Clark Maple LLC

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