1123 West Vernon Park, Chicago IL 60607
Property Description
ESTATE SALE - PROPERTY SOLD AS-IS. Unique value-add opportunity in the heart of Little Italy / University Village. Rare offering consisting of three separate buildings on one parcel, currently configured with seven total units (buyer to verify). The property requires extensive renovation, making it ideal for an investor or developer seeking a true repositioning opportunity. Outstanding long-term upside driven by irreplaceable location, strong rental demand, and proximity to UIC, downtown Chicago, and major transportation corridors. A compelling opportunity to re-imagine and unlock the full potential of this well-located asset. No warranties or representations are provided, as the seller has limited knowledge of the property.
Features & Information
Key Details
- List Price $1,295,000
- Property Taxes $41,943
- Price/ Sq. Ft. Unavailable
- Year Built 1889
- Status Active
Building Information
- Age of Building Older
- Heating & Cooling Radiators, Radiant
Location
- County Cook
- Directions to Property Take I-290 To The Racine Ave Exit. Head South On Racine Ave, Then Turn East Onto W Vernon Park Pl. Property Is Located At 1123 W Vernon Park Pl.
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Property Taxes
- Tax 41943
- Parcel Identification Number 17174100010000
Listed by: Brookline Real Estate LLC | Phone: 630.590.5910
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 2/18/2026 10:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore University Village
Italian ice,the origins of the hotdog and backpack-toting college students are just a sampling of the rich cultural backdrop of this near southwest side Chicago setting.University Village/Little Italy is a union of two separate communities that have merged as one, bringing the best of both worlds to a single Chicago neighborhood. The University of Illinois Chicago campus instills a collegiate sensibility with faculty and students milling about, while the blocks of Little Italy present a much quainter appeal with friendly front stoops occupied by groups of neighbors gathered to chat. Much anticipated Little Italy street festivals and holiday parades give community members even more reason to congregate, along with throngs of other Chicagoans who come to partake in the fun. Lying catty-corner to the Chicago Loop, this neighborhood's proximity to the bustling city center is convenient, without marring the area's characteristic Old World charm. A quick ride on the Blue Line Eltrain or a short trip on the Eisenhower Expressway will get you right downtown in minutes.
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