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Fully Occupied Three-Flat Triplex
For Sale
Contact for pricing
Pending

4723 S Champlain Ave, Chicago, IL 60615

Three legal residential units feature spacious four-bedroom, one-bath layouts in Chicago’s Bronzeville neighborhood.

Property SizeContact for details
Days on Market145

Property Features for 4723 S Champlain Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 3 x 4BR/1BA
Multifamily Units 3

Building Details

Buildings 1
Construction greystone
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Alexander Summers · License #IL 475120465
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 4:45PM

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 Berkshire Hathaway HomeServices Chicago

Investment Insights

Based on property information with market context.

This fully occupied legal three-flat greystone includes three large residential units, each configured with 4 bedrooms and 1 bath. The property has updated windows, electrical, and plumbing, along with a newer back porch. A basement provides additional space with the potential to be finished for a duplex-down first-floor unit.

Located at 4723 S Champlain Ave in Chicago’s Bronzeville neighborhood, the building offers an established multifamily configuration for an investor or an owner-occupant. Existing occupancy, three-unit scale, and substantial bedroom counts define the property’s current residential income profile.

Key Highlights

  • Legal 3‑flat greystone at 4723 S Champlain Ave, Chicago, IL 60615
  • Fully occupied multifamily property
  • Three large units, each with 4 bedrooms and 1 bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Building Supply Kitchen & Bath Showroom Auto Parts Store Auto Repair Shop Carpet & Flooring 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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,788
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
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?
Triplex - Three legal residential units feature spacious four-bedroom, one-bath layouts in Chicago’s Bronzeville neighborhood.
Where is this triplex located?
The property is located at 4723 S Champlain Ave Chicago, IL.
What are key features of this property?
This property features: Legal 3‑flat greystone at 4723 S Champlain Ave, Chicago, IL 60615; Fully occupied multifamily property; Three large units, each with 4 bedrooms and 1 bath
(773) 733-1153 Call to check price and availability
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