LKV Realty
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$475,000
$2,400Reward *
7918 S Champlain Avenue, Chicago, IL 60619Listing ID 12701385

7918 S Champlain Avenue, Chicago, IL 60619

Active
CHI - Chatham
Time on site: 33 daysLast updated: Jul 17, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
4
Acres
Acres
0.85
Days on Site
Days on Site
34
Heating
Heating
Steam, Radiator(s)
Year Built
Year Built
1928
Garages
Garages
3
Parking
Parking
Garage Door Opener, Yes, Garage Owned, Detached, Garage

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 Details

Location

Address
7918 S Champlain Avenue
County
Cook
City
Chicago
Zip Code
60619
Subdivision
CHI - Chatham
School District
299
MLS Area
CHI - Chatham

Interior Features

Beds and Baths

Bedrooms
9

Building

Building Information

Year Built
1928
Construction
Brick
Foundation
Concrete Perimeter
Roof
Rubber, Flat

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$6,228
Tax Year
2024
Munrovey Real Estate Inc., (847) 567-3518

Market Report for 60619

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 12 Aug 2026, 11:11 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD901800