7348 Vernon Avenue, Greater Grand Crossing, Chicago, Illinois 60619
$449,900
|
For Sale
|
|
| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1922 |
| Property Taxes: | $5,505 |
| Days On Market: | 80 |
| Lot Size: | 0,00 |
Description
Exceptional 4-Unit Investment Opportunity in Park Manor! Welcome to 7348 S. Vernon Avenue, a spacious all-brick multifamily property offering an outstanding opportunity for investors looking to expand their Chicago real estate portfolio. This well-maintained building features four residential units with a total of 6 bedrooms and 4 full bathrooms, plus a full basement offering additional storage and future possibilities. The property underwent significant improvements, including an updated boiler, electrical wiring, plumbing, kitchens, bathrooms, appliances, beautifully refinished hardwood flooring, and improvements to the enclosed porch area. Throughout the building, you'll find generously sized living spaces, hardwood floors, and beautiful original woodwork that preserves the character and craftsmanship of this classic Chicago property. Situated on a residential block in the desirable Park Manor community, the property offers convenient access to public transportation, neighborhood amenities, and major expressways, including I-90/I-94.The landlord currently pays gas and electric for the building/tenants, except Unit 1F pays its own electric. Whether you're an experienced investor or looking to add your next multifamily property to your portfolio, 7348 S. Vernon offers space, character, location, and income-producing potential all under one roof. Opportunities to acquire a four-unit brick building like this don't come along every day-schedule your private showing and discover the possibilities! The RENT ROLL is in the Document Section.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1922 | |
| 2020 | |
| Unfinished, Full | |
| Brick | |
| Rubber, Flat | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan, Public | |
| Public Sewer | |
| — | |
| Steam | |
| 12730101 | |
| 20272160310000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 29 Aug, 2018 | Sold | $113,500 | MRED MLS |
| 23 Aug, 2018 | Under contract | $129,900 | MRED MLS |
| 24 May, 2018 | Listed for sale | $129,900 | MRED MLS |
| 15 Oct, 2020 | Sold | $350,000 | MRED MLS |
| 21 Jul, 2020 | Under contract | $365,000 | MRED MLS |
| 6 Feb, 2020 | Listed for sale | $365,000 | MRED MLS |
| 12 Sep, 2026 | Under contract | $449,900 | MRED MLS |
| 11 Aug, 2026 | Listed for sale | $449,900 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Full Bathrooms: 4
Bathroom Amenities: Soaking Tub
Bathroom in Basement: —
Rooms: —
Other Specifics
| — | |
| Concrete Perimeter | |
| — | |
| — | |
| — | |
| Porch | |
| — | |
| — | |
| 25X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $4,704 |
| 2020 | $4,015 |
| 2026 | $5,505 |
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Listing Provided By
EXIT Strategy Realty
