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$425,000

  • For Sale
  • Active
  • Commercial
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Investor Special!!!!!Excellent Investment Opportunity To Purchase Corner Lot Yellow Brick 8 Unit Apartment Building in Sought After South Shore Area. There Are 8 Large Apartments, Currently 8, 1 Bedroom Apartments, Owner Has Plans and Permits For Six, Two Bedroom Apartments and Two-1 Bedroom Units. 2 Units Were Totally Gutted and Due To Fire Damage. Since The Fire, Brand New Rear Porch, Brand New Roof, New Water Service, Permits and Plans Have Been Pulled and Newer Windows, Property Being Sold As-Is, Seller Is Willing To Finish The Property For The Right Price.

Full Property Details for 8157 S Chappel Ave

General

  • Price: $425,000
  • Taxes: $7,971 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12508855
  • Updated: 11/13/2025
  • Added to Site: 77 day(s) ago

Interior

  • Basement: Unfinished

Location

  • Area: CHI - South Chicago
  • County: Cook
  • Driving Directions: 79th St East or West to Chappel, Two Blocks to Property

Heating & Cooling

  • Heating Type: Central Building Heat, Gas, Hot Water

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Stories/Levels: 2
  • Current Bldg. Use: Multi-Family
  • Year Built: 1928
  • Built Before 1978: Yes

Lot Features

  • Lot Dimensions: 50 x 123
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1928
  • Tax Amount: $7,971.22
  • Tax Year: 2023
  • Tenant Pays: Electricity

Disclosures and Reports

  • Property ID: 20362170200000

Listed by HomeSmart Realty Group

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— 8157 S Chappel Ave —

  • HomeSmart Realty Group

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 8157 S Chappel Ave

School District:Chicago Public School District 299
NameGradesDistance
Mann Elementary School
8050 South Chappel Avenue, Chicago, IL 60617
PK-80.2 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-110.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8157 S Chappel Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/31/2025
Listed
$425,000
70%
MLS
3/21/2025
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
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 for 8157 S Chappel Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,971
3%
$37,780
—
2022
$7,771
2%
$37,780
—
2021
$7,597
-20%
$37,780
-11%
2020
$9,504
11%
$42,663
—
2019
$8,572
2%
$42,663
—
2018
$8,427
-2%
$42,663
7%
2017
$8,579
7%
$39,853
—
2016
$7,982
9%
$39,853
—
2015
$7,303
-1%
$39,853
—
2014
$7,394
2%
$39,853
—
2013
$7,248
1%
$39,853
—
2012
$7,152
—
$39,853
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8157 S Chappel Avenue, Chicago, IL 60617 (MLS# 12508855) is a Commercial property. 8157 S Chappel Avenue is currently listed for $425,000 and was received on October 31, 2025. Want to learn more about 8157 S Chappel Avenue? Do you have questions about finding other Commercial real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

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