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 Details
Price:
$1,050,000
MLS #:
MRD12718543
Status:
Active
Beds:
1
Baths:
1
Type:
Commercial
Neighborhood:
chisouthshore
Listed Date:
Jul 29, 2026
Year Built:
1916
See this Listing
Schools
Interior
Cooling
None
Exterior
Stories
3
Financial
Tax Year
2024
Taxes
$28,718
Map
Community
- Address6751 S Chappel Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60649
Market Summary
Current real estate data for Commercial in Chicago as of Oct 05, 2026
886
Commercial Listed
186
Avg DOM
$1,021,509
Avg List Price
Property Summary
- 6751 S Chappel Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $1,050,000
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Copyright 2026. All rights reserved.
6751 S Chappel Avenue
Chicago, IL


