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!

Property Details

PRICE
$185,000
BEDROOMS
9
BATHROOMS
3
SQFT
N/A
YEAR BUILT
1893
PARKING SPOTS
2
MLS #
12316636
FULL ADDRESS
7206 7206 Champlain Avenue
NEIGHBORHOOD
Park Manor
CITY
Chicago, IL
ZIP
60619

Listing Details

Listing Office
Coldwell Banker Realty
Listing Agent
Paulette Edwards
Contact
773-451-1200
Last Data Update
2026-03-04T06:14:17Z

Interior

BATHROOMS
3 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

MRED Logo
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by MRED (Midwest Real Estate Data). Properties may or may not be listed by the office/agent presenting the information.

Some listings have been excluded from this website.

© 2026 At World Properties, LLC. All rights reserved

Other listings you might like

Let’s start the conversation!

Whether you’re buying, selling, or just exploring your options. I’m happy to share insights and expert guidance, no pressure, no obligations. Simply enter your contact below, and I’ll get back to you.

    By submitting this form, you acknowledge that no agency relationship is created by this submission; such a relationship requires a written agreement (Illinois Real Estate License Act of 2000). The personal information you provide will be used solely to respond to your inquiry and will not be sold or shared with third parties. See Privacy Policy for full details.

    NEWS & INFORMATION

    North Shore Market Sees Rising Competition

    The North Shore continues to see increased demand for luxury homes priced between $2 million and $3 million. Properties that once lingered on the market for six months or more are now selling within 60 days due to height...

    Read More

    Cirrus Penthouse Sale Reflects Downtown Condo Strength

    Downtown Chicago’s luxury condo market remains robust, as evidenced by the recent $4.1 million sale of a penthouse in the Cirrus condo tower. Located along the lakefront, this property offers breathtaking views and pre...

    Read More

    West Town Modern Home Highlights Buyer Preferences

    In Chicago’s West Town neighborhood, a contemporary single-family home listed at $1.5 million exemplifies the evolving tastes of luxury buyers. This five-bedroom, 3.5-bath property features modern amenities, sleek arch...

    Read More
    Office location - Ken JUNGWIRTH