Chicago, IL 60619 8134 S Vernon Avenue
$400,000



12 more












Presented By: Keller Williams ONEChicago
Home Details
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.
Presented By: Keller Williams ONEChicago
Interior Features for 8134 S Vernon Avenue
Bedrooms
Bedrooms Possible6
Total Bedrooms6
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementUnfinished, Full
Total Number of Units2
General for 8134 S Vernon Avenue
CityChicago
Construction MaterialsBrick
ContingencyFinancing
CountyCook
DirectionsConveniently located in Chatham, just minutes from the Dan Ryan Expressway (I-90/I-94). Easy access via 79th Street with nearby public transportation, including the CTA Red Line.
Elementary School District130
Garage Spaces2
HeatingNatural Gas
High School District130
MLS AreaCHI - Chatham
Middle/Junior School District130
New ConstructionNo
OwnershipFee Simple
PossessionImmediate
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount4009
Tax Year2023
Total Rooms12
TownshipHyde Park
Year Built1923
Exterior for 8134 S Vernon Avenue
Lot Dimensions25X125
Parking FeaturesDetached, Garage
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
