8134 S Vernon Avenue
Chicago, IL 60619
6
Bed
4
Bath
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.
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 6Bathroom Information
Total Baths: 4Room Information
Rooms Total: 12 -
Flooring Information
Construction Materials: Brick -
Heating & Cooling
Heating: Natural Gas WaterSource: Public
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Building Information
Year Built: 1923
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Lot Information
Lot Dimensions: 25X125 Lot Size: .25-.49 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$400000
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Tax Information
Annual Tax: $4009 Tax Year: 2023 Parcel Number: 20342160320000
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Parking Information
Total Parking: 2 Detached, GarageGarage Information
Garage Space: 2
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Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
City: Chicago Direction: Conveniently 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.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9215 S Cottage Grove Av.., Chicago, IL, 60619 | $52,000 | 2 | 1 | -- | |
| 1518 E 73rd Place, Chicago, IL, 60619 | $320,000 | 6 | 2 | 1,880 | 1,880 SqFt |
| 9209 S State Street, Chicago, IL, 60619 | $319,000 | 5 | 3 | 1,290 | 1,290 SqFt |
| 7316 S Wabash Avenue, Chicago, IL, 60619 | $289,900 | 4 | 3 | 2,160 | 2,160 SqFt |
| 414 E 91st Place, Chicago, IL, 60619 | $230,000 | 3 | 2 | 1,419 | 1,419 SqFt |
| 7324 S Blackstone Avenue, Chicago, IL, 60619 | $99,000 | 3 | 2 | 1,338 | 1,338 SqFt |
| 7356 S Kenwood Avenue, Chicago, IL, 60619 | $300,000 | 3 | 3 | 1,540 | 1,540 SqFt |
| 8243 S Wabash Avenue, Chicago, IL, 60619 | $339,000 | 5 | 3 | 1,167 | 1,167 SqFt |
| 9143 S Cottage Grove Av.., Chicago, IL, 60619 | $90,000 | 3 | 2 | 1,260 | 1,260 SqFt |
| 9256 S Calumet Avenue, Chicago, IL, 60619 | $259,800 | 5 | 2 | 1,800 | 1,800 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 06:20
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