The three-time premiership player, who is out of contract, is in limbo while the club completes a review of its list.
He desperately wants to stay at Geelong for another year, although AFL.com.au understands that such a deal is highly unlilkely.
"To be a one-club player would be awesome," Chapman told reporters during the Cats' end of season party on Wednesday.
"But to play for another club … I'm not saying that may not happen if things don't work out here."
Chapman is unclear when he will meet coach Chris Scott to discuss his future.
"It's a good question," he said. "I'd like to know. Let's get it over and done with.
"I just need to get this meeting with Scotty over and done with first, and see where I stand in their eyes, and then work from there.
"Whatever the future holds, I need to start preparing as soon as possible.
"Hopefully it's here, but who really knows. It's all up in the air."
After playing 251 games for Geelong over 14 seasons, Chapman is struggling to cope with the possibility that his time at the club might be over.
"It hurts. It really does," he said. "I suppose you take it a little bit for granted.
"You just think that things will just happen and roll along and then things like this get thrown at you. It's a little challenge."
The 31-year-old says he will consider offers from any clubs, including those outside Victoria.
But a move interstate would present some issues.
"These are things I haven't even spoken to my partner about," he said. "She's pregnant, so there's a lot of things to think about before making a decision."
A run of hamstring problems meant that Chapman played just eight games this season.
"I would hope that would be (Geelong's) only issue, because I suppose when I do play I play well," he said.
"Me getting on the park, I would assume, would be the issue from their point of view.
"But who really knows. When we have our meeting, this will be the stuff we'll be talking about."
Chapman's vintage performance in the Cats' semi-final win over Port Adelaide at the MCG, in which he kicked four goals and gathered 20 disposals, has given him the belief that he's not a spent force.
"I feel like I've got a lot to give," he said. "The fire still burns, and I want to be more successful than what I've been.
"I don't feel like I really need to sell myself too hard though.
"I know what I can do, I'm confident of that, and hopefully Geelong or someone else is as well."
Twitter: @AFL_AdamMcNicol