The 1927 Chicago American Giants baseball team represented the Chicago American Giants in the Negro National League (NNL) during the 1927 baseball season. The team compiled a 61–32–1 (.654) record, won the NNL pennant, and defeated the Bacharach Giants in the 1927 Colored World Series.

Rube Foster was the team's owner, and Dave Malarcher was the player-manager. The team played its home games at Schorling Park in Chicago.^[1]

The team's leading batters were:

• Left fielder Steel Arm Davis - .396 batting average, .545 slugging percentage, 68 RBIs, 14 stolen bases in 84 games
• Catcher James Bray - .326 batting average, .474 slugging percentage in 56 games
• Shortstop Pythias Russ - .325 batting average, .474 slugging percentage, four home runs, 58 RBIs in 86 games

^[2]

The team's leading pitchers were Willie Foster (21–5, 2.03 ERA, 119 strikeouts) and Willie Powell (12–4, 2.25 ERA).^[3]