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About the Listing 87738 - 1018014,1017074,1007566
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.
Listing Highlights
Status
Pending
Days on Site
31
Property Type
Multi-Family
MLS ®
12634610
Year Built
1923
Total Square Footage
0
Lot/Acreage
25X125
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 25X125
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Detached,Garage
Financial Details
- Tax Amount: $4,009
- Taxes w/Assessments: N/A
- Tax/Property ID: 20342160320000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
8134 S Vernon Ave Chicago, IL 60619
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