Investor Special in Hottest
4931 S Champlain Avenue, Chicago, IL 60615
Two-unit building with development potential in prime location.
Type:Multifamily
- Added:
- Mar 19, 2026
- Days on Market:
- 66
- 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
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.
HighLights
- 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.
- Detached 2‑car garage.
- Full unfinished basement with 7+ ft ceilings and 2 separate entrances.
- Prime location with easy access to downtown, I‑90/94, CTA Red and Green Lines, schools, and neighborhood amenities.
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6097595
- Latitude
- 41.8049109
Nearby Similar for Sale
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.
