7918 S Champlain Avenue, Chicago, IL 60619
Cook County
Key Facts
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"
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
American 4-Sq.
Year Built
1928
Lot Size
0.85 acres
Lot Dimensions
30X125
Garage Spaces
3
Parking Spaces
3
Ownership
Fee Simple
Zoning
MULTI
Days on Market
8
MLS® Listing#
12701385
Property Features
Interior
Heating
Basement
Parking
Patio
Construction
Foundation
Roof
Windows
Other Structures
Community
Sewer
Water Source
Financial Details
Annual Taxes
$6,228
Tax year 2024
Parcel Number
20342040210000
Directions
Cottage Grove to 79th, West to Champlain, South to address.
Affordability Calculator
$95,000
Estimated monthly payment
$2,528/mo
Principal $380,000 · Est. interest $530,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $387,475
- Median Listing Price
- 32
- Median Days on Market
- 1,406
- Median Sq Ft
- $283
- Median Price / Sq Ft
- 4,255
- Active Listings
- This home’s price is 23% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
St Dorothy's School
School · 0.3 mi away
Hirsch Metropolitan High School
Secondary · 0.4 mi away
Chicago Public Schools
Elementary · 0.4 mi away
New Concept School
School · 0.5 mi away
Dixon Elementary School
Elementary · 0.5 mi away
Betty Shabazz International Charter School
Elementary · 0.5 mi away
John T Pirie Fine Arts and Academic Center
School · 0.7 mi away
Tanner Elementary School
Elementary · 0.7 mi away
Arthur Ashe Junior Elememtary School
Elementary · 0.8 mi away
Chicago Public Schools
Elementary · 0.9 mi away
Lenart Elementary Regional Gifted Center
Elementary · 1.0 mi away
Neil Elementary School
Elementary · 1.0 mi away
St Paul Lutheran School
School · 1.0 mi away
Gary Comer College Prep
School · 1.0 mi away
Chicago Public Schools
Elementary · 1.1 mi away
Deneen Elementary School
Elementary · 1.1 mi away
Park Manor Elementary School
Elementary · 1.1 mi away
Chicago Public Schools
Elementary · 1.2 mi away
Perspectives Leadership Academy
Secondary · 1.2 mi away
James E. McDade Classical School
Elementary · 1.2 mi away
Commute Calculator
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| 8052 S Langley Avenue, Chicago, IL | $371,900 | 8 | 3 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Munrovey Real Estate Inc. - 8475673518
Last Updated: 2026-07-10