Chicago, IL 60628 11133 S Vernon Avenue
$399,000



9 more










Presented By: Instavalue Realty Inc
Home Details
Multiple Offers Received. Highest and Best due Monday at 5PM. Please attach POF with offers. Final showing Monday 10AM-11AM. Incredible Investment Opportunity Near Historic Pullman! Located just steps from the vibrant and revitalized Pullman Historic District, this all-brick 6-unit + garden studio building is a rare find for savvy investors. All units are currently vacant, offering a clean slate for rehab and maximum rental income potential. Each of the six main units features 3 spacious bedrooms, central forced air heating and A/C, electrical breaker panels in each unit, newer windows and a generous layout. The landlord is only responsible for water, keeping ongoing expenses low. Property taxes are also attractively low, enhancing your return on investment. Tuckpointing completed about 5 years ago. The building sustained minor fire damage on the third-floor north unit, primarily affecting drywall and carpentry in the three northern units. The southern units require only minor copper plumbing repairs and are otherwise rent-ready - making it possible to phase renovations while generating income. Excellent location close to CTA and Metra stations, Palmer Park, shopping, and schools. The Pullman area continues to attract new development, including national retailers and historic tourism, creating long-term upside in property value and tenant demand. Don't miss this value-add gem in one of Chicago's most culturally rich and strategically positioned neighborhoods!
Presented By: Instavalue Realty Inc
Interior Features for 11133 S Vernon Avenue
Other Interior Features
BasementPartially Finished
Total Fireplaces
General for 11133 S Vernon Avenue
Additional Parcels Y/NNo
Cap Rate
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
DirectionsI94 TO 111TH STREET WEST EXIT TO VERNON AVENUE
Electric Expense216
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet5226
MLS AreaCHI - Roseland
MaintenanceExpense
ModificationTimestamp2025-08-21T17:18:01.695Z
Net Operating Income0
Number Of Units Total7
Operating Expense0
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount3094
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat, Hot Water
TownshipHyde Park
Trash Expense0
Water Sewer Expense0
Year Built1920
ZoningMULTI
Exterior for 11133 S Vernon Avenue
Building Area Total
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions46X200
Additional Details
Price History
