8134 South Vernon, Chicago IL 60619
- Units 2
- Total Beds 6
- Total Baths 4
- Taxes $4,009
- Payment Estimate View Mortgage Calculator
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Property Description
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.
Features & Information
Key Details
- List Price $400,000
- Property Taxes $4,009
- Price/ Sq. Ft. Unavailable
- Year Built 1923
- Parking Type Garage
- Status New
Rooms
- Total Rooms 12
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Microwave, Central Air Conditioner, Hardwood Floors
- Unit 2 Stove, Refrigerator, Washer, Dryer, Microwave, Central Air Conditioner, Hardwood Floors
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 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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Schools
- Elementary School District 130
- Junior High District 130
- High School District: 130
-
Property Taxes
- Tax 4009
- Tax Year 2023
- Parcel Identification Number 20342160320000
Utilities
- Sewer Sewer-Publ
Listed by: Keller Williams ONEChicago | Phone: 312.216.2422
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 5/5/2026 9:32 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 Chatham
A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.
Mortgage Calculator
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