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6751 Chappel Avenue

Chicago, IL 60649
Directions
$1,199,900
0beds
0baths
sqft
0.29acres
Anything from "is it priced right?" to "what's the catch?"

About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1916
Lot size0.29 acres
Lot dimensions75 X 150
AreaCHI - South Shore
Annual tax$28,718
First listedApr 29, 2026
Parcel #20244010100000
CountyCook
MLS #MRD12633271
Days on market1
Photos42

Features

Cooling
None
Listed by
Area Wide Realty
Michael Olszewski · 708-220-1791

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/29/2026, 7:20:04 PM. All data should be independently verified.

$1,199,900
0 bd · 0 ba
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