Movoto Real Estate
Robert Hann of Munrovey Real Estate Inc.
  • Exterior
  • Floorplan
  • Living
  • Dining
  • Other
  • Kitchen
  • Bedroom
  • Bath

7918 S Champlain Ave, Chicago, IL 60619

  • $475,000

  • 9

    bed

  • 4

    bath

Multi-family for sale 26 days
49 homes bought nearby with Movoto recently

About 7918 S Champlain Ave

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 0.85 Acre
Parking 3 garage spaces
Property description
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"
Listed by
Listing Agent - Robert Hann
Listing Office - Munrovey Real Estate Inc.
Source: MRED mls logo
MLS#12701385 • last updated 2 weeks ago
Movoto checked MRED for data 19 minutes ago
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Overview
Levels/Style American 4-Sq.
MLS # 12701385
Virtual Tour N/A
Status Active
Type Two To Four Units
Lot Size (Acres) 0.85
Property Tax $ 6228.2
Year Built 1928
Interior
Add'l Room(s) Foyer
Total # of Rooms 18
Windows Screens
Exterior
Foundation Concrete Perimeter
Construction Brick
# Garage Spaces 3
Patio and Porch Porch
Other Structures Garage(s)
Lot Desc .25-.49 Acre, Common Grounds
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
# Units in Building 3
Location
Area CHI - Chatham
County Cook
Elementary School District 299
Middle School District 299
High School District 299
APN 20342040210000
Zoning MULTI
Multifamily Details
Gross Income 51600
Total Rental Income 51600
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • IL
  • Cook County
  • Chicago
  • 60619
  • Chatham
  • 7918 S Champlain Ave

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