For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

4931 S Champlain Avenue Chicago, IL 60615

View on Map
Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Two-unit building with development potential in prime location.

Type:Multifamily
Added:
Mar 19, 2026
Days on Market:
15
Last Refresh:
Mar 21 at 8:41 pm

Property Features for 4931 S Champlain Avenue

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1890

We can help!

Listing Contact
Luminita Ispas

Listing agent Luminita Ispas License #IL

Listing office Century 21 S.G.R., Inc.

Listing date Mar 19, 2026

Source Crexi

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 Century 21 S.G.R., Inc.


Overview

Investor Special in Hottest Neighborhood

This two-unit building, located in a rapidly developing area, presents an investment opportunity. The property includes a detached two-car garage. The building contains approximately 6 bedrooms and 2 bathrooms, along with a full unfinished basement featuring ceilings over 7 feet high and two separate entrances. The property is zoned RM-5, offering potential for conversion to a three-flat configuration, with each unit potentially offering approximately 1,225 square feet, 3 bedrooms, and 2 bathrooms, without requiring a zoning change. Alternatively, the property could be redeveloped as a single-family home. The location provides convenient access to downtown, I-90/94, CTA Red and Green Lines, schools, and various neighborhood amenities. It is suited for house hackers, buy-and-hold investors, or developers.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6097595
Latitude
41.8049109

FAQs

What type of property is this?
Duplex - Two-unit building with development potential in prime location.
Where is this duplex located?
The property is located at 4931 S Champlain Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Excellent investment opportunity in a rapidly developing neighborhood.; RM‑5 zoning allows for conversion to a 3‑flat without zoning changes (approximately 1,225 sq ft per unit, 3 bed/2 bath).; Strong area comps: New construction 3‑flats across the street selling around $1.2M.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message