11020 S Vernon Avenue, Chicago IL 60628
$500,000

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Property Description

Rarely available and impeccably updated quality three-unit building in sought-after Chicago Roseland Neighborhood, that offers an exceptional opportunity for both investors and owner-occupants. Jumbo 3 flat features 4-bedroom, 1 bath per unit, stunning original hardwood flooring throughout, new windows 2024, new roof 2024, siding and tuckpointing, new porch 2024, plumbing and electrical updated with permits 2024. The kitchens feature quartz countertops and stainless-steel appliances, while the bathrooms were updated in 2024. Full basement and laundry room in addition to storage units along with 3 car brick garage. Each unit is leased at $2,100/month, providing immediate stable income. Turnkey investment opportunity with strong rental profile and high-demand units. This presents an ideal opportunity for an owner-occupant or additional rental potential. Conveniently located near public transportation, shopping, and neighborhood amenities Property being sold as-is. Motivated seller!!! The units are presently occupied. The photographs were taken in 2024.

Features & Information

Key Details

  • List Price $500,000
  • Property Taxes $7,641
  • Year Built 1920
  • Status New
  • List Market Time 2

Units

  • Unit 1

  • Floor 1
  • Rooms 7
  • Beds 4
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $2,000/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires MTM
  • Unit 2

  • Floor 2
  • Rooms 7
  • Beds 4
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 0
  • Unit 3

  • Floor 3
  • Rooms 7
  • Beds 4
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 0

Exterior Features

  • Parking

  • # of Cars:  6

Building Information

  • Number of Units 3
  • Age of Building 100+ Years

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property 111th St To S Martin Luther King Dr North To 110th St East To Vernon South To Building
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 7641
  • Tax Year 2025
  • Parcel Identification Number 25154140150000

Listed by Kola Peters for Century 21 Universal | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/5/2026 5:02 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 Roseland

This south side Chicago neighborhood is filled with numerous homes that have great access to scores of excellent schools and plenty of shopping. Roseland inhabitants enjoy lots of public outdoor space and recreational activities found at the various neighborhood parks scattered throughout the residential blocks. Like many Chicago communities, Roseland's properties are characterized by a mixture of architecture and home designs. Split-level houses, wood-frame homes and brick bungalows are most common, with a selection of condos and attached townhomes here and there. Roseland's central commercial area is lined with a good number of shoe stores and fashion outlets that serve just fine for a mini-shopping spree or wardrobe makeover.

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