7001 S Vernon Avenue
Chicago, IL, 60637
$1,075,000
3 Beds
5 Baths
0 SqFt
0.18 Acres
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MLS #MRD12681072 image #0
7001 S Vernon is a South Side Chicago multifamily asset positioned as a value-add rental opportunity. Very well-maintained brick building with many recent updates done, including new boiler; lintel and brick replacement; roof replacement/repairs and unit updates. The building has 13 existing apartment units, including one vacant garden unit, plus a 14th garden unit, subject to buyer verification of zoning, code, life safety, egress and permitting requirements. 2-car garage can be also rented. It is used for storage now.

Property Details

Price:
$1,075,000
MLS #:
MRD12681072
Status:
Active
Beds:
3
Baths:
5
Type:
Commercial
Neighborhood:
chigreatergrandcrossing
Listed Date:
Jun 19, 2026
Year Built:
1916
Chi – Greater Grand CrossingChigreatergrandcrossing

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Schools

Interior

Exterior

Construction Materials
Brick
Stories
3

Financial

Maintenance Fee
$3,400
Net Operating Income
$83,337
Tax Year
2023
Taxes
$13,777

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 06, 2026
885
Commercial Listed
185
Avg DOM
$1,021,113
Avg List Price

Property Summary

    7001 S Vernon Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60637. It is listed for $1,075,000

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