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6037 S Champlain Ave
Multi-Family
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$1,095,000

6037 S Champlain Ave, Chicago

22 bd·8 ba·0 sqft
Built 18996,000 sqft lotWest Woodlawn

6037 S Champlain Ave, Chicago, IL

22 bd · 8 ba · 0 sqft Multi-Family listed at $1,095,000, built in 1899 in the West Woodlawn neighborhood.

About this home

Prime 8-Unit Income Property in Woodlawn just steps from University of Chicago. Invest in one of Woodlawn's most desirable locations with this well-maintained 8-unit building, just three blocks from the University of Chicago Hospital and approximately one mile from the Obama Presidential Center. Strong, consistent rental demand makes this an exceptional income-generating opportunity. The property features six spacious 3-bedroom/1-bath units and two 2-bedroom/1-bath units, appealing to a wide range of tenants. Fully renovated down to the studs 30 years ago and meticulously maintained by long-term ownership. The building offers a hassle-free investment with tenants responsible for their own gas and electricity. Each unit can be easily converted to include in-unit laundry, as a drain, gas line, hot and cold water connections, and a dryer vent are already in place, allowing for straightforward installation. The property has no lead pipes with new sewage lines installed in December 2023. Additional highlights include a spacious, fenced concrete backyard with handicap-accessible ramps. The backyard can also be easily converted into multiple parking spaces. This is a rare opportunity to acquire a stable, income-producing property in a rapidly appreciating Woodlawn neighborhood.

Property details

Price
$1,095,000
Bedrooms
22
Bathrooms
8
Year built
1899
Lot size
6,000 sqft
Type
Multi-Family
Days on market
73
Est. property tax
$22,776/yr · $1,898/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($219,000)
Interest rate6.75%
Principal & Interest$5,682
Property Tax$1,004
Insurance$150
Total$6,835/mo

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Price history

$1.15M$812K$473K$530K on Sep 14 (Initial list)$530K on Sep 14 (Price change)$530K on Jan 15 (Relisted)$530K on Jul 15 (Price change)$1.09M on Aug 25 (Initial list)$1.09M on Feb 26 (Initial list)
$530K · Sep 14$1.09M · Feb 26
  1. Feb 11, 2026$1,095,000Initial list price
  2. Aug 2, 2025$1,095,000Initial list price
  3. Jul 31, 2015$529,900Price change
  4. Jan 21, 2015$529,900Relisted
  5. Sep 9, 2014$529,900Price change
  6. Sep 3, 2014$529,900Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 6037 S Champlain Ave, Chicago
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Home Intelligence

Neighborhood (zip 60637)

This neighborhood skews young (median age 31.2) and is primarily renter-occupied (26% owner-occupied). 14% hold a bachelor's degree; median household income is $37,247.

Median income
$37,247
Median age
31.2
Owner-occupied
25.7%
Bachelor's degree
14.4%
Census median home value
$240,600

Source: US Census Bureau American Community Survey 5-year estimates.

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