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20-Unit Apartment Building
For Sale
$1,050,000

6751 S Chappel Avenue, Chicago, IL 60649

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.29 Acres
Days on Market31

Property Features for 6751 S Chappel Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 20
Bathrooms 20
Full bathrooms 20
Rooms Bedroom 6, Bathroom 16, Bedroom 4, Bathroom 14, Bedroom 2, Bathroom 15, Bedroom 16, Bathroom 18, Bedroom 12, Bedroom 14, Bathroom 17, Bedroom 13, Bathroom 1, Bathroom 9, Bathroom 11, Bathroom 2, Bathroom 19, Bedroom 3, Bedroom 9, Bathroom 20, Bedroom 8, Bedroom 11, Bedroom 15, Bathroom 5, Bedroom 19, Bedroom 1, Bedroom 17, Bedroom 18, Bathroom 7, Bathroom 8, Bathroom 10, Bathroom 3, Bedroom 7, Bathroom 4, Bathroom 12, Bathroom 13, Bathroom 6, Bedroom 5, Bedroom 10, Bedroom 20
Directions Lake Shore Dr South, Continue South on Jefferey, Left on 69th Street, Left on Chappel Ave.
Subdivision CHI - South Shore
Standard status Active
APN 20244010100000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 28718

Building Details

Year built 1916
Floors in Building 3
Number of units 20
Listing Agency: Area Wide Realty
Listed By: Michael Olszewski · License #471011979
Added: Jul 29 Changed: Aug 20 Last Checked: Aug 28 at 11:06AM
MLS# 12718543

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 6751 S Chappel Avenue, this multifamily property contains 20 residential units, with each residence configured as 1 bedroom and 1 bathroom. The building was constructed in 1916 and occupies 0.29 acres. MULTI zoning supports its apartment-building classification, and the property is offered in AS IS condition.

The Chicago property is positioned near DuSable Lake Shore Drive, Lake Michigan, Rainbow Beach Park, the South Shore Cultural Center, a golf course, shopping, parks, and neighborhood transportation. Metra service and bus lines provide connections within the area, while major thoroughfares offer additional travel access. The sale is subject to the stated transaction terms, including prorated taxes and the absence of surveys and disclosures.

Key Highlights

  • 20 residential units, each with 1 bedroom and 1 bathroom
  • 0.29‑acre multifamily property in Chicago, IL 60649
  • MULTI zoning

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Computer & Electronic Repair Storage Facility HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,018
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with one-bedroom residences, MULTI zoning, and access to lakefront amenities and public transportation.
Where is this apartment building located?
The property is located at 6751 S Chappel Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 20 residential units, each with 1 bedroom and 1 bathroom; 0.29‑acre multifamily property in Chicago, IL 60649; MULTI zoning
More about this property
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