6320 S Champlain Avenue

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6320 S Champlain Avenue

Chicago, IL 60637
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Chicago
  • Property is situated at 6320 S Champlain Avenue, 60637
  • Asset located within a dense residential corridor of Chicago
  • Suitable investment for residential real estate portfolio growth
  • Well-positioned to capture steady demand from local renters

What's Special

This multifamily apartment building at 6320 S Champlain Avenue in Chicago represents an acquisition candidate for investors seeking to grow their residential portfolio in a well-established urban market. Located in the 60637 zip code, the property sits within a dense residential area of Chicago, a major economic hub driven by diverse industries, significant higher education institutions, and robust transportation infrastructure. The neighborhood provides consistent demand for rental housing, making this asset a practical choice for long-term hold strategies or value-add repositioning efforts aimed at the local tenant base. Investors will find that the surrounding transit connectivity and access to local amenities support stable occupancy trends typical of Chicago’s neighborhood-focused multifamily landscape. Institutional and private capital continues to look toward Chicago for opportunities in the multifamily sector given the city’s deep pool of renters and stable population density. This property allows for a foothold in a key neighborhood, positioned to benefit from regional economic activity and the ongoing need for quality apartment living across the metropolitan area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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