4931 South Champlain, Chicago IL 60615
$249,000

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Property Description

INVESTOR SPECIAL in one of the city's hottest neighborhoods! This 2-unit building with a detached 2-car garage offers approximately 6 bedrooms, 2 bathrooms, and a full unfinished basement. Ideal for multiple strategies: perfect for house hackers, buy-and-hold investors, or developers. Zoned RM-5 with excellent upside: convert to a 3-flat (approximately 1,225 sq ft per unit, 3 bed/2 bath) with no zoning change needed, or reimagine as a single-family home. Basement features 7+ ft ceilings and 2 separate entrances. Strong area comps with new construction 3-flats across the street selling around $1.2M. Prime location with easy access to downtown, I-90/94, CTA Red and Green Lines, schools, and neighborhood amenities. Clean title. Cash or renovation loans only. Must see!

Features & Information

Key Details

  • List Price $249,000
  • Property Taxes $4,664
  • Price/ Sq. Ft. Unavailable
  • Year Built 1890
  • Parking Type Garage
  • Status Contingent

Rooms

  • Total Rooms 12
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Block,Brick
  • Heating & Cooling Gas, Hot Water/Steam
  • Units

  • Unit 1 None
  • Unit 2 None

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property East/west On 47th St To Champlain Ave, South To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 4664
  • Tax Year 2024
  • Parcel Identification Number 20102200120000

Utilities

  • Sewer Sewer-Publ

Listed by: Century 21 S.G.R., Inc. | Phone: 312.455.1322
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/26/2026 11:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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