6542 S Champlain Ave, Chicago, IL, 60637
About This Home
Modern Two-Flat Gem in West Woodlawn – Turnkey Investment! Welcome to 6542 S Champlain Ave, a beautifully rehabbed brick two-flat that perfectly blends historic Chicago charm with high-end modern living. Whether you are looking for a lucrative addition to your investment portfolio or a "house-hack" opportunity to live in one unit while the other pays your mortgage, this property is ready for its next chapter. The Units: Unit 1 (Owner’s Unit): A spacious 3-bedroom, 2-bathroom layout featuring a primary suite and modern open-concept living. This unit will be delivered vacant in May 2026, making it the perfect timing for an owner-occupant to move in and enjoy the spring season. Unit 2 (Immediate Cash Flow): A high-quality 3-bedroom, 1-bathroom unit currently occupied by a reliable long-term tenant, ensuring steady income from day one. Managed Property: Building has been meticulously maintained and can be utilized to help new owner transition. Interior Highlights: Everything is fresh! Enjoy sleek hardwood floors, custom cabinetry, and premium stainless-steel appliances. Both units include the convenience of in-unit laundry and central A/C. The Extras & Financial Edge Assumable Loan Opportunity: For the qualified buyer, there is a unique opportunity to benefit from an assumable loan. In a shifting market, this is a rare chance to lock in favorable terms and maximize your purchasing power. Finished Basement: Provides additional flexibility for storage, a home office, or recreation. EV-Ready Parking: A detached 2-car garage on-site, now upgraded with a Level 2 EV Charger—a future-proof amenity that is a major standout in the neighborhood. Recent Updates: This isn't a project; it’s a completed vision. With a full rehab in 2021, the heavy lifting has been done for you. The Location Situated in the heart of the thriving West Woodlawn community, you are minutes away from: The University of Chicago campus and Medical Center. The upcoming Obama Presidential Center. Washington Park and the lakefront (just a 10-minute drive). Easy access to the Green Line and I-90/94 for a quick commute to the Loop. This property is a standout in a neighborhood seeing incredible growth and new construction. Don't miss your chance to own a piece of Chicago’s South Side!
Getting Around
Very Walkable
Excellent Transit
Very BikeableSchools
Construction
Condition
- Year built: 1915
Materials
- Roof: Shake / Shingle
Type & Style
- Home type: MultiFamily
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Washer
Basement
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating & Cooling
- Heating features: Forced air
- Cooling features: Central
Interior Area
- Total interior livable area: 2,184 sqft
Property
Details
- Parcel number: 2022220036
Features
- Exterior features: Brick
Lot
- Lot size: 2,613 sqft
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,983 | $35,796 |
| Home Insurance * | $1,029 | $12,348 |
| Property Taxes | $850 | $10,200 |
| Electricity | $167 | $2,015 |
| Total | $5,029 | $60,348 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $600,000 |
| 2021-03-26 | Sold | $450,000 |
| 2021-01-13 | Contingent | $450,000 |
| 2021-01-13 | Pending sale | $450,000 |
| 2021-01-12 | Listed for sale | $450,000 |
| 2017-10-04 | Listing removed | $1,250 |
| 2017-08-07 | Listed for rent | $1,250 |
| 2017-06-17 | Listing removed | $1,250 |
| 2017-04-23 | Listed for rent | $1,250 |
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