INVESTOR SPECIAL in one of the city’s hottest neighborhoods! This 2-unit building with a detached 2-car garage offers approximately 6 bedrooms, 2 bathrooms, and a full unfinished basement. Ideal for multiple strategies: perfect for house hackers, buy-and-hold investors, or developers. Zoned RM-5 with excellent upside: convert to a 3-flat (approximately 1,225 sq ft per unit, 3 bed/2 bath) with no zoning change needed, or reimagine as a single-family home. Basement features 7+ ft ceilings and 2 separate entrances. Strong area comps with new construction 3-flats across the street selling around $1.2M. Prime location with easy access to downtown, I-90/94, CTA Red and Green Lines, schools, and neighborhood amenities. Clean title. Cash or renovation loans only. Must see!
Property Details
Price:
$249,000
MLS #:
MRD12597130
Status:
Active Under Contract
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
chigrandboulevard
Listed Date:
Mar 19, 2026
Year Built:
1890
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas, Steam
Exterior
Architectural Style
Bungalow
Construction Materials
Brick
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Other
Financial
Tax Year
2024
Taxes
$4,664
Map
Community
- Address4931 S Champlain Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60615
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 15, 2026
1,404
Multi Family Listed
80
Avg DOM
$530,259
Avg List Price
Property Summary
- 4931 S Champlain Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60615. It is listed for $249,000
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Copyright 2026. All rights reserved.
4931 S Champlain Avenue
Chicago, IL


