8134 S Vernon Avenue
Chicago, IL, 60619
$400,000
6 Beds
4 Baths
0 SqFt
0 Acres
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MLS #MRD12634610 image #0
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
Chi – ChathamChichatham

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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

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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