Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
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For Sale
23 Properties Within 0.5 miles of: 8134 S Vernon, Chicago

8134 S Vernon
Chicago, IL 60619

  • 6 Beds
  • Built In 1923
Price

$400,000

Est Payment
$2,315 / month (details)  
Taxes
$4,009  
Beds
6  
Rooms
12  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25X125  
Built
1923  
Neighborhood
Chatham  
MLS
#12634610
Status
Active (0 days)

Property Description

CASH FLOW OPPORTUNITY - TURNKEY 2-UNIT IN Chatham This 6-bedroom, 4-bath two-unit building is a true income-producing asset with immediate returns. Perfect for investors looking for strong cash flow with upside. Both units offer spacious layouts with solid rental demand. Current rents are already performing: Upper Unit: $1,500/month (with $500 discount for tenant-provided upkeep/yard work - room to increase) Lower Unit: $2,000/month That's $3,500/month in current gross income, with the potential for higher rents and increased gross income once adjusted to market rates. The property also features a large basement, offering additional storage or future value-add potential. Tenant-occupied and operating - a seamless addition to any portfolio. Sold AS IS. Seller will make no repairs. Conveniently located near major streets, public transportation, and everyday amenities, ensuring long-term tenant appeal. Investor-focused opportunity - strong cash flow, upside in rents, and priced to move. This one won't last long. Submit your strongest offer.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Detached, Garage
Schools
District 130

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Bus 3 0.1 mi
  • Bus 79 0.3 mi
  • Bus 4 0.5 mi
  • Bus 29 0.5 mi
  • Bus 24 0.6 mi
  • Bus 75 0.6 mi
  • Bus 87 0.7 mi
  • Bus 8A 0.8 mi
  • Metra Electric 0.8 mi
  • Red Line 0.6 mi
  • I 94 West 0.6 mi
  • I 94 East 0.6 mi
  • I 90 East 1.2 mi
  • Hwy 57 2.2 mi
  • I 90 West 2.5 mi
  • Hwy 57 2.7 mi
grid
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