Chicago, IL 60637 6630 S Vernon Avenue
$625,000
10 more
Presented By: Keller Williams ONEChicago
Beds • 2
SQFT • 7,040
Home Details
This 8 unit building in Chicago's highly desirable Woodlawn neighborhood is just what you've been waiting for! 7 of the units are 2 bedrooms/1 bath and have an additional space suitable for an office/den or additional bedroom! The 8th unit is a basement studio/1 bath. This building is a great value-add opportunity! Individual heat/electric utilities. Currently there are 3 vacant units that the owner is updating to be leased soon! The open kitchen/living concept combines modern comfort with investment potential in a rapidly growing community. Building is under professional management. This is a great property to begin or add to your portfolio! Schedule your showing today!
Presented By: Keller Williams ONEChicago
Interior Features for 6630 S Vernon Avenue
Other Interior Features
BasementUnfinished
General for 6630 S Vernon Avenue
Additional Parcels Y/NYes
Association Fee IncludesNone
Cap Rate7
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
DirectionsNorth or South on King Drive, to East 66th St. & South on Vernon Ave to address
ElectricCircuit Breakers, Separate Meters
Electric Expense
Fuel Expense883
Gross Income70488
Insurance Expense2445
Lot Size Square Feet6929
MLS AreaCHI - Woodlawn
MaintenanceExpense2380
ModificationTimestamp2025-06-19T14:53:01.604Z
Net Operating Income57156
Number Of Units Total8
Operating Expense13332
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories4
Tax Annual Amount4146
Tax Year2022
Tenant PaysElectricity, Heat
TownshipHyde Park
Trash Expense1695
Water Sewer Expense2829
Year Built1943
ZoningMULTI
Exterior for 6630 S Vernon Avenue
Building Area Total7040
BuyerOfficeFax(773) 635-0009
Frontage TypeCity Street
Lot Dimensions55.9X124
Additional Details
Price History
