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Renovation Opportunity 6-Unit Building
For Sale
Contact for pricing
Pending

8015 S Champlain Avenue, Chicago, IL 60619

For sale, a six-unit apartment building in the Chatman area, offered with renovation upside.

Property SizeContact for details
Days on Market672

Property Features for 8015 S Champlain Avenue

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 6

Building Details

Year Built 1951
Stories 2
Units 6
Listing Agency: Keller Williams ONEChicago
Listed By: Andre Mitchell · License #475157028
Source: Crexi
Added: Nov 6, 2024 Changed: Aug 8 Last Checked: Jul 24 at 6:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams ONEChicago

Investment Insights

Based on property information with market context.

Offered for sale at 8015 S Champlain Avenue, this six-unit apartment building presents a renovation-driven opportunity for investors. The property’s configuration includes six separate units within a single multi-family structure, making it well suited for buyers looking to update and reposition an existing income asset.

The building is located in Chicago’s Chatman area, as described in the public remarks, where the seller notes strong neighborhood appeal and demand for housing. While the specific renovation scope is not detailed, the offering is positioned around transforming the building to enhance its competitiveness in the local rental market.

As a compact six-unit asset, the property offers straightforward scale for value-oriented renovation planning and future tenancy management under one ownership structure.

Key Highlights

  • 6‑unit apartment building in Chicago’s Chatman area
  • Built in 1951
  • Offered with renovation upside

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Gym & Fitness Center Kitchen & Bath Showroom Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,265
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
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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Frequently Asked Questions

What type of property is this?
Apartment building - For sale, a six-unit apartment building in the Chatman area, offered with renovation upside.
Where is this apartment building located?
The property is located at 8015 S Champlain Avenue Chicago, IL.
What are key features of this property?
This property features: 6‑unit apartment building in Chicago’s Chatman area; Built in 1951; Offered with renovation upside
(773) 697-5555 Call to check price and availability
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