$1,050,000
For Sale by Owner
Listed 1 month ago

2BR Multi-Family for Sale in Chicago, IL

6751 S Chappel Ave, Chicago, IL 60649
20 Beds
20 Bath
Built 1916
PropSlick Verified Data Key facts & insights for this exact address
1916
Year Built
$16,684
Property Tax / yr
12,632 sf
Lot Size
Cook
County

Key Facts

Property TypeMulti-Family
Year Built1916
Lot Size12,632 sq ft
Annual Property Tax$16,684

Property Description

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. Subject to prior offer cancellation. This is a rare opportunity to acquire a sizeable multifamily asset in a strategic South Shore location.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
View Full Property History on MarketTimeline
Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
EHO PropSlick is committed to the Fair Housing Act. We do not permit discrimination based on race, color, religion, sex, national origin, disability, or familial status. Report a violation.

Similar Properties

MO
MICHAEL OLSZEWSKI
Listing Contact
Typically responds within 24 hours
Call the seller
708-656-XXXX
or send a message
Your details stay private — we never sell your information.
Get Pre-Approved
Compare mortgage rates from top lenders in minutes.
Check Rates
PropSlick may earn a commission from these links.
Compare Home Insurance
Find the right coverage for your new home.
Compare Quotes
PropSlick may earn a commission from these links.
Need Help Moving?
Get free quotes from licensed movers in your area.
Get Free Quotes
PropSlick may earn a commission from these links.