Corcoran Urban Real Estate
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36 Properties Within 0.5 miles of: 7206 S Champlain, Chicago

7206 S Champlain
Chicago, IL 60619

  • 7 Beds
  • Built In 1893
Price

$199,900

Est Payment
$1,177 / month (details)  
Taxes
$1,407  
Beds
7  
Rooms
16  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
50X127  
Built
1893  
Neighborhood
Park Manor  
MLS
#12316636
Status
Active (24 days)

Property Description

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!

Property Map

Property Details

Utilities

  • Heating Steam
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Sub/Complex
Park Manor
Parking
2 Garage Spaces, On Site, Garage Owned, Detached, Garage, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-31-2025 Listed at $199,900
Last Modified 4/23/25 5:54 PM

Nearby Transportation

  • Bus 71 0.1 mi
  • Bus 4 0.2 mi
  • Bus 30 0.2 mi
  • Bus 3 0.3 mi
  • Bus 75 0.4 mi
  • Bus 67 0.4 mi
  • Bus 5 0.4 mi
  • Bus 95 0.4 mi
  • Bus 29 0.8 mi
  • Bus 79 0.9 mi
  • Bus 169 0.9 mi
  • Bus 24 1.0 mi
  • Bus 63 1.1 mi
  • Bus 28 1.2 mi
  • Metra Electric 0.8 mi
  • Red Line 0.9 mi
  • Green Line 1.2 mi
  • I 90 East 0.2 mi
  • I 94 West 0.8 mi
  • I 94 East 0.9 mi
  • I 90 West 1.6 mi
  • Hwy 57 3.4 mi
  • Hwy 57 3.8 mi
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