Map of Property

7038 S Chappel Ave

For Sale

7038 S Chappel Ave, Chicago, IL 60649

This Chicago property for sale is located at 7038 S Chappel Ave. Contact the listing broker for details on the current sale price for 7038 S Chappel Ave. 7038 S Chappel Ave is situated on a lot that is 0.36 acre in size.

Contacts

broker
Finley Askin

Chicago Real Estate Resources

Property Details

  • Property Type Multi-Family
  • Property Size 24,720 SF
  • Units 49
  • Lot Size 0.36 Acre
  • Year Built 1925
  • Date Updated Feb 20, 2025
CRER is pleased to offer the opportunity to acquire the Jackson Park Portfolio consisting of three (3) multifamily properties located within Chicago’s South Shore neighborhood. 6916 S. Clyde Ave, Chicago, IL 60649 7038 S. Chappel Ave, Chicago, IL 60649 7500 S. South Shore Dr. Chicago, IL 60649 The portfolio consists of 208 units with a mix of (181) one bedroom, (13) two bedroom, (12) three bedroom, and (2) studio units. The apartments include spacious floor plans with updated kitchen and baths throughout. Capital improvements to the portfolio consist of updated electric/plumbing, newer windows, on-site laundry, and renovated units. Each building in the portfolio has a class 9 real estate tax designation which reduces tax assessments by 50%. The Jackson Park Portfolio also offers the opportunity for an investor to assume the existing loan with an interest rate of 4.16%. Unit Mix: (208) units total | (181) 1 bedroom, (13) 2 bedroom, (12) 3 bedroom, (2) Studios Assumable loan – 4.16% Class 9 Tax Designation Updated electric/plumbing Renovated units throughout (kitchens & baths) On-site laundry Pin: 20-24-415-014-0000, 20-24-421-018-0000, 21-30-201-026-0000, 21-30-201-027-0000
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Getting around

  • 86/100

    Walk Score ®

  • 67/100

    Transit Score ®

  • 59/100

    Bike Score ®

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Location

  • City Chicago, IL
  • Neighborhood South Shore
  • Zip Code 60649
  • Market Chicago

Points of Interest

  • South Shore

    0.52 miles

  • Stony Island

    0.64 miles

  • Windsor Park

    1.00 miles

  • 63rd Street

    1.18 miles

  • 55th-56th-57th Street

    1.90 miles

  • 83rd Street

    1.93 miles

  • 87th Street

    2.41 miles

  • 51st-53rd Street (Hyde Park)

    2.47 miles

  • Garfield

    2.95 miles

  • South Chicago (93rd Street)

    3.08 miles

  • BP

    0.44 miles

  • Mobil

    0.45 miles

  • Shell

    0.53 miles

  • Midwest

    0.54 miles

  • Amstar

    0.69 miles

  • Fuel Star

    0.69 miles

  • All Star

    1.10 miles

  • ChargePoint

    1.96 miles

  • Tesla Supercharger

    5.23 miles

  • eVgo

    7.67 miles

  • Trailer Parking

    0.93 miles

  • Dorchester Parking Lot

    1.49 miles

  • Chapin Hall Parking Lot

    1.56 miles

  • Kimbark South Parking Garage

    1.59 miles

  • Lexington Parking Lot

    1.90 miles

  • 83rd Street Metra Park & Ride

    1.94 miles

  • Campus South Parking

    1.96 miles

  • Parking/Materials Management

    2.14 miles

  • Medical Campus Parking Garage A

    2.19 miles

  • Campus North Parking Garage

    2.31 miles

  • South Shore Motel

    1.43 miles

  • The Study at the University of Chicago

    1.65 miles

  • Empire Motel

    1.69 miles

  • East of the Ryan

    1.73 miles

  • Best Motel

    2.14 miles

  • Sophy Hotel

    2.39 miles

  • Hyatt Place Chicago-South/University Medical Center

    2.41 miles

  • Skyway Motel

    2.70 miles

  • Chicago Lake Shore Hotel

    2.73 miles

  • Stony Island Motel

    2.77 miles

  • Local Market Foods

    0.13 miles

  • Save-A-Lot

    0.66 miles

  • Zees Supermarket Plus

    0.69 miles

  • Jewel-Osco

    0.86 miles

  • ALDI

    1.17 miles

  • City Sports

    1.79 miles

  • Open Produce

    2.02 miles

  • Trader Joe's

    2.15 miles

  • Hyde Park Shopping Center

    2.16 miles

  • Target

    2.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Finley Askin

Chicago Real Estate Resources

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