8134 S Vernon Avenue, Chicago, IL 60619

Chicago
Local realty services provided by:Results Realty ERA Powered
8134 S Vernon Avenue,Chicago, IL 60619
$400,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: tierra donegan
Office: keller williams onechicago
MLS#:12634610
Source:MLSNI

Price summary

  • Price:$400,000

About this home

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...

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Home facts

  • Year built:1923
  • Listing ID #:12634610
  • Updated:August 15, 2026 at 08:57 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:12
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1923

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$400,000
  • Tax amount:$4,009 (2023)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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