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.
Property Details
Price:
$400,000
MLS #:
MRD12634610
Status:
Active Under Contract
Beds:
6
Baths:
4
Type:
Multi Family
Neighborhood:
chichatham
Listed Date:
Apr 30, 2026
Year Built:
1923
See this Listing
Schools
School District:
130
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Garage Spaces
2
Parking Features
Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2023
Taxes
$4,009
Map
Community
- Address8134 S Vernon Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60619
Market Summary
Current real estate data for Multi Family in Chicago as of May 16, 2026
1,364
Multi Family Listed
79
Avg DOM
$516,272
Avg List Price
Property Summary
- 8134 S Vernon Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60619. It is listed for $400,000
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Copyright 2026. All rights reserved.
8134 S Vernon Avenue
Chicago, IL


