Back 7206 South Champlain Avenue
Off Market

7206 South Champlain Avenue

Chicago IL 60619

9
3
2
Multi-Family
Last sold for $175,000
Paulette EdwardsPaulette Edwards, last sold this property on 03 April 2026 after 366 days on market.

Overview

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!**********SOLD BEFORE PRINT*****************

Features

9 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
Multi-Family

Estimated Value

Based on this property and similar 9 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 7206 South Champlain Avenue is $330k.

Median value
$330k
Estimated value range
$149.9k - $485k
Median days on market
56
Estimated value trend
-25%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7206 South Champlain Avenue

2026
Sold
$175,000
03 Apr 2026 by Paulette Edwards, of Coldwell Banker Realty

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 9 bedroom multi families in Chicago

In the last 12 months, 12 nine-bedroom multi families similar to 7206 South Champlain Avenue, have been sold.

This represents a 44% decrease in nine-bedroom multi families sales when compared to the previous 12 months.

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