$450,000
$25K PRICE DROP

7918 S Champlain Ave Chicago, IL 60619

Chatham Neighborhood

Estimated payment $2,993/month

Total Views 800
9 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.85 Acre Lot
  • 3 Car Detached Garage
  • Entrance Foyer
  • American Four Square Architecture
  • Porch
  • Heating System Uses Steam

About This Home

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"

Listing Agent

Robert Hann

Munrovey Real Estate Inc. License #471022988 Listed on: 07/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,228

Year Built

  • Built in 1928

Lot Details

  • 37,026 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • American Four Square Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Window Screens
  • Entrance Foyer

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Porch

Utilities

  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • 3 Units
  • 3 Flat

Additional Features

  • Common Area
  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,228

Year Built

Built in 1928

Lot Details

0.85 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • HabitableResidenceYN: Yes
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Price Change
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Exterior Entry, Storage Space, Full, Walk-Out Access
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Room Type: Foyer
  • Window Features: Screens
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • OtherStructures: Garage(s)
  • Patio And Porch Features: Porch
  • Roof: Rubber, Flat
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Lot Info

  • Lot Size Acres: 0.85
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: No

Multi Family

  • GrossIncome: 51600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,3 Story Unit/s

Tax Info

  • Tax Annual Amount: 6228.2
  • Tax Year: 2024

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,486 $31,000 $2,790 $28,210
2024 $5,486 $31,000 $2,790 $28,210
2023 $5,348 $26,000 $4,650 $21,350
2022 $5,348 $26,000 $4,650 $21,350
2021 $5,228 $26,000 $4,650 $21,350
2020 $4,056 $18,209 $3,348 $14,861
2019 $4,157 $20,692 $3,348 $17,344
2018 $4,087 $20,692 $3,348 $17,344
2017 $4,620 $21,460 $2,976 $18,484
2016 $4,298 $21,460 $2,976 $18,484
2015 $3,932 $21,460 $2,976 $18,484
2014 $3,644 $19,642 $2,604 $17,038
2013 $3,572 $19,642 $2,604 $17,038
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2026 08/12/26 Price Changed $450,000 -5.3% --
07/10/2026 07/10/26 For Sale $475,000 +46.2% --
06/16/2023 06/16/23 Sold $325,000 -6.9% $71 / Sq Ft View Prior Sale
05/08/2023 05/08/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $349,000 0.0% $76 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $349,000 0.0% $76 / Sq Ft
01/05/2023 01/05/23 For Sale $349,000 +7.4% $76 / Sq Ft
12/31/2022 12/31/22 Off Market $325,000 -- --
10/10/2022 10/10/22 Pending -- -- --
10/09/2022 10/09/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $349,000 -- $76 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $325,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $260,000 Credit Line Revolving
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12701385

Midwest Real Estate Data (MRED)

APN: 20342040210000

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