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$195,000
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Property Description
Welcome to this beautifully maintained bungalow-an exceptional investment opportunity in a highly desirable location near major highways, schools, and public transportation. This property is an as-is, making it ideal for both investors and first time buyers. The home features a spacious main-level bedroom complemented by a charming sunroom, perfect for added living space or a premium rental feature. An additional large bedroom and a versatile upstairs office/bonus room provide flexible layout options that appeal to a wide range of tenants. The large basement offers in-unit laundry and abundant storage-highly sought-after amenities that enhance tenant retention and rental value. The updated kitchen includes stainless steel appliances, adding modern appeal and minimizing immediate capital expenditures. Outside, the property boasts a well-maintained exterior with a newer garage, deck, and gutters, reducing maintenance concerns and improving long-term durability. The deck and yard space create additional lifestyle appeal, ideal for tenants who value outdoor entertaining. With strong rental potential, desirable features, and a location that supports consistent demand, this property presents an excellent opportunity for cash flow and long-term appreciation. Investor-friendly terms and flexible options make this a smart addition to any portfolio.
Full Property Details
Full Property Details for 7741 S Chappel Ave
General
- Price: $195,000
- Taxes: $1,976 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12597717
- Updated: 3/26/2026
- Added to Site: 15 day(s) ago
Rental Information
- Complex Features: Sidewalks
Interior
- Basement: Unfinished
- Appliances: Range, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: 79TH E TO CHAPPEL (1 BLK E OF JEFFERY) N TO HOUSE
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Steam, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Bungalow
- Architectural Style: Bungalow
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Square Feet: 1,600
- Sq. Ft. Source: Estimated
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 125
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $1,976.37
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20254170140000
Listed by Westward360 RM
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Schools
Schools serving 7741 S Chappel Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mann Elementary School 8050 South Chappel Avenue, Chicago, IL 60617 | PK-8 | 0.3 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 0.3 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7741 S Chappel Ave
Date
Details
Price
Change
Source
3/18/2026
Listed
$195,000
8.64%
MLS
3/24/2008
Sold
$179,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7741 S Chappel Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,839
—
$13,101
9%
2023
$1,839
4%
$11,999
—
2022
$1,764
1%
$11,999
—
2021
$1,743
-7%
$11,999
4%
2020
$1,879
—
$11,537
-10%
2019
$1,886
2%
$12,819
—
2018
$1,854
-19%
$12,819
-8%
2017
$2,288
-1%
$14,003
—
2016
$2,304
11%
$14,003
—
2015
$2,085
10%
$14,003
10%
2014
$1,888
3%
$12,747
—
2013
$1,840
—
$12,747
—
2012
$1,840
—
$12,747
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7741 S Chappel Ave
7741 S Chappel Avenue, Chicago, IL 60649 (MLS# 12597717) is a Single Family property with 3 bedrooms and 1 full bathroom. 7741 S Chappel Avenue is currently listed for $195,000 and was received on March 18, 2026. Want to learn more about 7741 S Chappel Avenue? Do you have questions about finding other Single Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

