7414 S Chappel Avenue, Chicago, IL 60649

Chicago
Local realty services provided by:Results Realty ERA Powered
7414 S Chappel Avenue,Chicago, IL 60649
$550,000
  • 9 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael applegate, brittany jones
Office: straight-a realty, llc.
MLS#:12740010
Source:MLSNI

Price summary

  • Price:$550,000

About this home

BACK ON THE MARKET THROUGH NO FAULT OF THE PROPERTY! PRIOR FHA APPRAISAL: $575,000-$25,000 ABOVE THE $550,000 ASKING PRICE, WITH NO APPRAISER-REQUIRED REPAIRS! The previous FHA buyer reached the week of closing but could not proceed due to an unexpected family medical emergency, completely unrelated to the property, inspection, or appraisal. Here's a second chance to purchase an exceptional South Shore brick 3-flat offering income from day one, potential built-in equity, and significant room to grow! This well-maintained building features THREE JUMBO approximately 1,700 SF apartments, each with 3 bedrooms and 2 full bathrooms-9 bedrooms and 6 baths total. Enjoy spacious living rooms, formal dining rooms, hardwood floors, generous bedrooms, and layouts rarely found at this price. Fully occupied by established, long-term residents with a consistent payment history; ALL TENANTS PAID OCTOBER 2026 RENT ON TIME! Scheduled income is $3,912/month or $46,944/year, and all three tenancies are...

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Home facts

  • Year built:1929
  • Listing ID #:12740010
  • Updated:October 28, 2026 at 12:01 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:18
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air, Gas, Individual Room Controls, Sep Heating Systems - 2+

Structure and exterior

  • Roof:Rubber
  • Year built:1929

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Tax amount:$6,812 (2024)

Features and amenities

  • Amenities:Ceiling Fan(s)

Parking

  • Total parking spaces:3
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:3
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