6751 S Chappel Avenue Chicago, IL $ 1,199,900
6751 S Chappel Avenue
$ 1,199,900
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6751 S Chappel Avenue

Chicago, IL, 60649
$ 1,199,900
Bedrooms1 Baths0.0

Monthly Estimate*

$ 7,388

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Multi-Family Home for sale in Chicago, IL

for $1,199,900 with 1 bedroom. This home was built in 1916 on a lot size of 0.29.

Priced to Sell! Prime investment opportunity in the highly desirable South Shore neighborhood of Chicago, just steps from DuSable Lake Shore Drive. This well positioned 20 unit residential building offers strong income potential in a location known for steady rental demand and convenient access to the lakefront, transportation, and neighborhood amenities. The property consists of twenty (20) spacious units, each featuring 1 bedroom and 1 bathroom with functional layouts that appeal to a broad tenant base. The building presents an excellent value-add opportunity for investors looking to stabilize or enhance cash flow through strategic updates and management. Situated near public transportation, shopping, parks, South Shore Cultural Center, golf course, Rainbow Beach Park, and Lake Michigan shoreline, tenants enjoy easy commuting options and lifestyle conveniences. Proximity to major thoroughfares, Metra and bus lines makes travel to downtown Chicago and surrounding areas seamless. Property is being sold in AS IS condition. No surveys nor disclosures, taxes prorated. This is a rare opportunity to acquire a sizeable multifamily asset in a strategic South Shore location.

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Multi-Family Active

Price

$ 1,199,900

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 28,718

Style

Multi-Family

Lot Size

0.29

Year Built

1916

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12633271

Features
General
Cooling None
Zoning MULTI
Year Built 1916
Stories Count 3
Township South Chicago
Tax Year 2024
Current Use Multi-Family
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions Lake Shore Dr South Continue South on Jefferey Left on 69th Street Left on Chappel Ave.
City Chicago
Number Of Units Total 20
MLS Area CHI - South Shore
Tax Annual Amount 28718
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 75 X 150
Lot Size Acres 0.29
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* Excluded Features
List By
Area Wide Realty

Broker

msolszewsk@aol.com

Email

Affordability Calculator

$9,781
Per Month
76%
24%
0%
Monthly Principal & Interest
$7,388
Monthly Property Taxes
$2,393
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$1,199,900 Listed Price

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6751 S Chappel Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $1,199,900 with a lot size of 0.29. 6751 S Chappel Avenue has 1 bedrooms, 0.0 baths, and was built in 1916. The property's zip code is 60649 which is in Chicago, IL