BEDS0
BATHS
MLS#12718543
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.29 Acres
Stories: 3.0
Taxes: $28,718
Year Built: 1916
Feature Descriptions
Current Use: Multi-Family
HVAC: Central Bldg Heat, Radiators, Steam
Lot Dimensions: 75 X 150
Parcel#: 20244010100000
Units: 20
Listed By / Shown By
Listed By
Agency Name: Area Wide Realty
Agency Phone: 708-656-3333
Shown By
Agent Name: Aimee Leon
Agent Phone: (815) 516-7879
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 7,468.84 per month $4,769.43 Principal & Interest $2,393.17 Property Tax $306.25 Homeowner's InsuranceChange Payment Information
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6751 S Chappel Avenue | MLS# 12718543
This multi-family property located at 6751 S Chappel Avenue , Chicago, IL 60649 is currently listed for sale with an asking price of $1,050,000. Search Chicago real estate on aleon.gogambino.com today.