11420 S Champlain Avenue Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60628
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
Community Park,Curbs,Sidewalks,Street Lights,Street Paved,Other
Zoning MULTI
Rooms
Basement Full,Walkout
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Porch,Storms/Screens
Garage Detached
Garage Spaces 2.5
Waterfront false
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
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