Income-producing 2-flat in Greater Grand Crossing with both units currently occupied. The first unit features 3 bedrooms, and the second offers 2 bedrooms. There is a remodeled space on the second floor with potential for a third unit; buyer to verify zoning and assume all responsibility for any future use or improvements. Property includes separate utilities and an unfinished basement for added storage or value-add opportunity. Convenient location near public transit, parks, and schools. Being sold as-is-ideal for investors seeking immediate rental income with potential for growth.
Closed
$260,000
7038 S Vernon Ave, Chicago, IL 60637
5beds
--sqft
Multi Family
Built in 1908
-- sqft lot
$269,700 Zestimate®
$--/sqft
$1,996 Estimated rent
Home value
$269,700
$243,000 - $299,000
$1,996/mo
Zestimate® history
Owner options
List your home for rent
$1,996/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,996/mo
Rent Zestimate®
Refinance and save
$1,834/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,834/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Yuliya Onyshchuk 312-292-8285,
Marblestone Property Group LLC
Bought with:
Jessica Soetan
Premier Midwest Realty, INC
Teneshia Brass
Premier Midwest Realty, INC
Source: MRED as distributed by MLS GRID,MLS#: 12342775
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Partial
Property
Features
- Patio & porch: Porch
Lot
- Size: 3,567 Square Feet
- Dimensions: 29 X 123
Details
- Parcel number: 20224190350000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Flat
Condition
- New construction: No
- Year built: 1908
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $220,000
- Annual tax amount: $2,532
- Date on market: 4/20/2025
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Sold | $260,000+4% |
Source:  MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 10/10/2025 | Pending sale | $250,000 |
Source: MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 9/4/2025 | Price change | $250,000-2% |
Source: MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 8/5/2025 | Listed for sale | $255,000 |
Source: MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 8/2/2025 | Pending sale | $255,000 |
Source: MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 7/16/2025 | Price change | $255,000-3.8% |
Source: MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 6/18/2025 | Price change | $265,000-3.6% |
Source: MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 5/31/2025 | Price change | $275,000-1.8% |
Source: MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 5/16/2025 | Price change | $280,000-1.8% |
Source: MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 4/20/2025 | Listed for sale | $285,000+21.3% |
Source: MRED as distributed by MLS GRID #12342775 Report a problem | ||
| 12/13/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11194054 Report a problem | ||
| 11/11/2021 | Price change | $234,900-2.1% |
Source: MRED as distributed by MLS GRID #11194054 Report a problem | ||
| 11/3/2021 | Price change | $239,900-4% |
Source: MRED as distributed by MLS GRID #11194054 Report a problem | ||
| 10/26/2021 | Price change | $249,900-3.8% |
Source: MRED as distributed by MLS GRID #11194054 Report a problem | ||
| 8/19/2021 | Listed for sale | $259,900 |
Source: MRED as distributed by MLS GRID #11194054 Report a problem | ||
| 8/15/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11145837 Report a problem | ||
| 8/5/2021 | Listed for sale | $259,900 |
Source: MRED as distributed by MLS GRID #11145837 Report a problem | ||
| 7/16/2021 | Pending sale | $259,900 |
Source: MRED as distributed by MLS GRID #11145837 Report a problem | ||
| 7/6/2021 | Listed for sale | $259,900 |
Source: MRED as distributed by MLS GRID #11145837 Report a problem | ||
| 7/6/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11124742 Report a problem | ||
| 6/16/2021 | Listed for sale | $259,900 |
Source: MRED as distributed by MLS GRID #11124742 Report a problem | ||
| 6/15/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11053681 Report a problem | ||
| 6/10/2021 | Pending sale | $259,900 |
Source: MRED as distributed by MLS GRID #11053681 Report a problem | ||
| 5/30/2021 | Listed for sale | $259,900 |
Source: MRED as distributed by MLS GRID #11053681 Report a problem | ||
| 4/30/2021 | Pending sale | $259,900 |
Source: MRED as distributed by MLS GRID #11053681 Report a problem | ||
| 4/14/2021 | Listed for sale | $259,900+246.5% |
Source: MRED as distributed by MLS GRID #11053681 Report a problem | ||
| 6/27/2018 | Sold | $75,000-45.3% |
Source: Public Record Report a problem | ||
| 4/17/2003 | Sold | $137,000-7.4% |
Source: Public Record Report a problem | ||
| 3/25/2002 | Sold | $148,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $22,000 +83.3% |
| 2023 | $2,532 +2.6% | $12,000 |
| 2022 | $2,468 +2.3% | $12,000 |
| 2021 | $2,413 -25.6% | $12,000 -17.6% |
| 2020 | $3,243 -2.4% | $14,559 -12% |
| 2019 | $3,324 +1.7% | $16,545 |
| 2018 | $3,268 -26.6% | $16,545 -20% |
| 2017 | $4,454 +7.5% | $20,691 |
| 2016 | $4,144 +9.3% | $20,691 |
| 2015 | $3,792 +10.3% | $20,691 +11.6% |
| 2014 | $3,439 +2% | $18,533 |
| 2013 | $3,371 +1.4% | $18,533 |
| 2012 | $3,326 -10.5% | $18,533 -19.2% |
| 2011 | $3,717 -0.4% | $22,938 |
| 2010 | $3,733 +4.4% | $22,938 |
| 2009 | $3,577 -6.3% | $22,938 -13.8% |
| 2008 | $3,818 +1% | $26,616 |
| 2007 | $3,780 -1.1% | $26,616 |
| 2006 | $3,821 +50.9% | $26,616 +71.7% |
| 2005 | $2,533 +1% | $15,499 |
| 2004 | $2,507 +2.2% | $15,499 |
| 2003 | $2,453 +13.9% | $15,499 +29.3% |
| 2002 | $2,154 +3.7% | $11,990 |
| 2001 | $2,076 +26.4% | $11,990 |
| 2000 | $1,643 -0.7% | $11,990 +40.2% |
| 1999 | $1,654 | $8,552 |
Find assessor info on the county website
Neighborhood: Park Manor
Nearby homes
- $--3 bd1 ba-- sqft7038 S Vernon Ave #1, Chicago, IL 60637Off Market
- $--3 bd1 ba700 sqft7038 S Vernon Ave #2, Chicago, IL 60637Off Market
- $90,2002 bd1 ba700 sqft7038 S Vernon Ave #2B, Chicago, IL 60637Off Market
- $--2 bd1 ba-- sqft7038-2 S Vernon Ave #2R, Chicago, IL 60637Off Market
- $--2 bd1 ba-- sqft7038 S Vernon Ave #2R, Chicago, IL 60637Off Market
- $373,7005 bd2 ba2.3k sqft7040 S Vernon Ave #1, Chicago, IL 60637Off Market
- $--3 bd1 ba2.3k sqft7040 S Vernon Ave, Chicago, IL 60637Off Market
- $53,350-- sqft7030 S Vernon Ave, Chicago, IL 60637Off Market
Nearby schools
GreatSchools rating
- 4/10Park Manor Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10YCCS-Progressive Leadership AcadGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$269,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$269,700
- Illinois
- Cook County
- Chicago
- 60637
- Park Manor
- 7038 S Vernon Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Chicago Topics
