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Active
  • Price cut: $25K (8/12)
    $450,000

    7918 S Champlain Ave, Chicago, IL 60619

    9beds
    --sqft
    : 
    $3,389/mo
    Get pre-qualified
    Multi Family
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Classic chicago charmDecorative fireplacesTimeless architectural detailsGenerous ceiling heightHardwood floorsBuilt-in cabinetry
    Turnkey, income-producing investment opportunity in Chicago's desirable Chatham neighborhood! This fully occupied brick 3-flat generates $4,300 per month in rental income, providing immediate cash flow from day one. Tenants pay for gas and electric. The property has maintained the same tenants and rental rates for the last three years. Each spacious unit offers 3 bedrooms and 1 full bath, making this a highly desirable property for tenants and investors alike. Filled with classic Chicago charm, the building features hardwood floors, decorative fireplaces, built-in cabinetry, and timeless architectural details that continue to attract quality renters. The property also includes a 3-car brick garage and a full basement with front and rear access, generous ceiling height, and excellent potential for additional living space, storage, or future value-add opportunities (subject to City approval). Recent capital improvements include a boiler approximately 5 years old, roof approximately 5 years old, updated circuit breakers, and a hot water tank approximately 8 years old, helping reduce near-term maintenance concerns. Ideally located in the heart of Chatham, this property is just minutes from the transformative Obama Presidential Center, the Dan Ryan Expressway, public transportation, parks, shopping, and neighborhood amenities. With strong in-place income, solid building fundamentals, and long-term appreciation potential, this is an outstanding opportunity for both seasoned investors and owner-occupants looking to build wealth through real estate. Building being listed "As-Is"
    41 days
    |
    155
    |
    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Hann, SRES 847-567-3518,

    Munrovey Real Estate Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12701385MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 3
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Foyer
      Heating
      • Steam, Radiator(s)
      Features
      • Windows: Screens
      • Basement: Unfinished,Exterior Entry,Storage Space,Full,Walk-Out Access

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Porch
      Lot
      • Size: 0.85 Acres
      • Dimensions: 30X125
      • Features: Common Grounds
      Details
      • Additional structures: Garage(s)
      • Parcel number: 20342040210000
      • Zoning: MULTI
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: American 4-Sq.
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Rubber,Flat
      Condition
      • New construction: No
      • Year built: 1928
      Details
      • Builder model: 3 FLAT

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan, Public

      Community & HOA

      Community
      • Features: Curbs, Sidewalks, Street Lights, Street Paved
      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $310,000
      • Annual tax amount: $6,228
      • Date on market: 7/11/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/12/2026Price change$450,000-5.3%
        Source: MRED as distributed by MLS GRID #12701385 Report a problem
        7/11/2026Listed for sale$475,000+46.2%
        Source: MRED as distributed by MLS GRID #12701385 Report a problem
        6/16/2023Sold$325,000-6.9%
        Source: MRED as distributed by MLS GRID #11467256 Report a problem
        5/9/2023Contingent$349,000
        Source: MRED as distributed by MLS GRID #11467256 Report a problem
        5/2/2023Listed for sale$349,000
        Source: MRED as distributed by MLS GRID #11467256 Report a problem
        4/28/2023Contingent$349,000
        Source: MRED as distributed by MLS GRID #11467256 Report a problem
        2/10/2023Listed for sale$349,000
        Source: MRED as distributed by MLS GRID #11467256 Report a problem
        1/5/2023Pending sale$349,000
        Source: MRED as distributed by MLS GRID #11467256 Report a problem
        1/5/2023Listed for sale$349,000
        Source: MRED as distributed by MLS GRID #11467256 Report a problem
        10/10/2022Contingent$349,000
        Source: MRED as distributed by MLS GRID #11467256 Report a problem
        7/18/2022Listed for sale$349,000
        Source: MRED as distributed by MLS GRID #11467256 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,228 +13.5%$31,000 +19.2%
        2023$5,486 +2.6%$26,000
        2022$5,348 +2.3%$26,000
        2021$5,228 +28.9%$26,000 +42.8%
        2020$4,056 -2.4%$18,209 -12%
        2019$4,157 +1.7%$20,692
        2018$4,087 -11.5%$20,692 -3.6%
        2017$4,620 +7.5%$21,460
        2016$4,298 +9.3%$21,460
        2015$3,932 +7.9%$21,460 +9.3%
        2014$3,644 +2%$19,642
        2013$3,572 +1.4%$19,642
        2012$3,525 -14.9%$19,642 -23.1%
        2011$4,142 -0.4%$25,558
        2010$4,159 +4.4%$25,558
        2009$3,985 -8.1%$25,558 -15.5%
        2008$4,337 +1%$30,235
        2007$4,294 -1.1%$30,235
        2006$4,340 +24.8%$30,235 +42%
        2005$3,478 +1%$21,286
        2004$3,443 +2.2%$21,286
        2003$3,368 +1.4%$21,286 +15.1%
        2002$3,322 +25%$18,490
        2001$2,657 +21.2%$18,490
        2000$2,191 +0%$18,490 +27.4%
        1999$2,191 $14,518
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Chatham

        Getting around

        89 / 100
        Very Walkable
        67 / 100
        Good Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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