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.
Contingent
$400,000
8134 S Vernon Ave, Chicago, IL 60619
6beds
--sqft
Multi Family
Built in 1923
-- sqft lot
$400,100 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious layouts
- 81 days |
- 5 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Cody Kindle 872-801-1133,
Keller Williams ONEChicago,
Tierra Donegan,
eXp Realty
Source: MRED as distributed by MLS GRID,MLS#: 12634610
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,125 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 20342160320000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $225,000
- Annual tax amount: $4,009
- Date on market: 4/30/2026
- Ownership: Fee Simple
Estimated market value
$400,100
$380,000 - $420,000
$1,858/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/27/2019 | Listing removed | $2,000 |
Source: Owner Report a problem | ||
| 5/26/2019 | Listed for rent | $2,000 |
Source: Owner Report a problem | ||
| 1/28/2016 | Sold | $62,000 |
Source: Public Record Report a problem | ||
| 11/23/2015 | Sold | $62,000-43.6% |
Source:  MRED as distributed by MLS GRID #08987634 Report a problem | ||
| 10/29/2015 | Pending sale | $110,000 |
Source: Coldwell Banker Residential Brokerage - Hyde Park #08987634 Report a problem | ||
| 10/20/2015 | Listed for sale | $110,000 |
Source: Coldwell Banker Residential Brokerage - Hyde Park #08987634 Report a problem | ||
| 9/15/2015 | Pending sale | $110,000 |
Source: Coldwell Banker Residential Brokerage - Hyde Park #08987634 Report a problem | ||
| 7/21/2015 | Listed for sale | $110,000-55.8% |
Source: Coldwell Banker Residential Brokerage - Hyde Park #08987634 Report a problem | ||
| 5/30/2009 | Listing removed | $249,000 |
Source: Homes.com #07215855 Report a problem | ||
| 5/23/2009 | Price change | $249,000-10.8% |
Source: Homes.com #07215855 Report a problem | ||
| 5/17/2009 | Listed for sale | $279,000 |
Source: Homes.com #07215855 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $22,500 +18.4% |
| 2023 | $4,009 +2.6% | $19,000 |
| 2022 | $3,908 +2.3% | $19,000 |
| 2021 | $3,821 +2.9% | $19,000 +14% |
| 2020 | $3,714 -2.4% | $16,671 -12% |
| 2019 | $3,806 +1.7% | $18,945 |
| 2018 | $3,742 -13.1% | $18,945 -5.3% |
| 2017 | $4,307 +7.5% | $20,007 |
| 2016 | $4,007 +9.3% | $20,007 |
| 2015 | $3,666 +15.5% | $20,007 +17% |
| 2014 | $3,174 +2% | $17,105 |
| 2013 | $3,111 +503.5% | $17,105 |
| 2012 | $516 -85.5% | $17,105 -22.2% |
| 2011 | $3,562 -0.4% | $21,979 |
| 2010 | $3,577 +41.3% | $21,979 |
| 2009 | $2,531 +397.7% | $21,979 -16.8% |
| 2008 | $509 -11.9% | $26,431 |
| 2007 | $577 -75.5% | $26,431 |
| 2006 | $2,355 -12.1% | $26,431 +42.2% |
| 2005 | $2,678 +1.9% | $18,593 |
| 2004 | $2,628 +4.5% | $18,593 |
| 2003 | $2,516 -5.4% | $18,593 +11.8% |
| 2002 | $2,660 +161.5% | $16,629 |
| 2001 | $1,017 -8.8% | $16,629 |
| 2000 | $1,115 | $16,629 +27.8% |
| 1999 | $1,115 | $13,013 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Chatham
Nearby schools
GreatSchools rating
- 5/10Dixon Elementary SchoolGrades: PK-8Distance: 0.3 mi
- NAHarlan Community Academy High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: 130
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.
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A local agent can set up tours, give advice and negotiate with sellers.
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