$399,000
11133 S Vernon Avenue
Chicago, IL, 60628
Incredible Investment Opportunity Near Historic Pullman! Located just steps from the vibrant and revitalized Pullman Historic District, this all-brick 6-unit + garden studio building is a rare find for savvy investors. All units are currently vacant, offering a clean slate for rehab and maximum rental income potential. Each of the six main units features 3 spacious bedrooms, central forced air heating and A/C, electrical breaker panels in each unit, newer windows and a generous layout. The landlord is only responsible for water, keeping ongoing expenses low. Property taxes are also attractively low, enhancing your return on investment. Tuckpointing completed about 5 years ago. The building sustained minor fire damage on the third-floor north unit, primarily affecting drywall and carpentry in the three northern units. The southern units require only minor copper plumbing repairs and are otherwise rent-ready – making it possible to phase renovations while generating income. Excellent location close to CTA and Metra stations, Palmer Park, shopping, and schools. The Pullman area continues to attract new development, including national retailers and historic tourism, creating long-term upside in property value and tenant demand. Don’t miss this value-add gem in one of Chicago’s most culturally rich and strategically positioned neighborhoods!
Property Details
Price:
$399,000
MLS #:
MRD12150083
Status:
Active
Beds:
0
Baths:
0
Address:
11133 S Vernon Avenue
Type:
Commercial
Neighborhood:
CHI – Roseland
City:
Chicago
Listed Date:
Jul 28, 2025
State:
IL
ZIP:
60628
Year Built:
1920
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Tax Year
2022
Taxes
$3,094
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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11133 S Vernon Avenue
Chicago, IL
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