$1,295,000
1123 W Vernon Park Place
Chicago, IL, 60607
ESTATE SALE – PROPERTY SOLD AS-IS. Unique value-add opportunity in the heart of Little Italy / University Village. Rare offering consisting of three separate buildings on one parcel, currently configured with seven total units (buyer to verify). The property requires extensive renovation, making it ideal for an investor or developer seeking a true repositioning opportunity. Outstanding long-term upside driven by irreplaceable location, strong rental demand, and proximity to UIC, downtown Chicago, and major transportation corridors. A compelling opportunity to re-imagine and unlock the full potential of this well-located asset. No warranties or representations are provided, as the seller has limited knowledge of the property.
Property Details
Price:
$1,295,000
MLS #:
MRD12564591
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chinearwestside
Listed Date:
Feb 9, 2026
Lot Size:
5,200 sqft / 0.12 acres (approx)
Year Built:
1889
Schools
Interior
Exterior
Construction Materials
Brick, Wood
Roof
Composition, Tar/Gravel
Financial
Tax Year
2024
Taxes
$41,943
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Feb 11, 2026
951
Commercial Listed
200
Avg DOM
170
Avg $ / SqFt
$997,159
Avg List Price
Community
- Address1123 W Vernon Park Place Chicago IL
- CityChicago
- CountyCook
- Zip Code60607
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Property Summary
- 1123 W Vernon Park Place Chicago IL is a Commercial for sale in Chicago, IL, 60607. It is listed for $1,295,000 To schedule a showing of MLS#mrd12564591 at 1123 W Vernon Park Place in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1123 W Vernon Park Place
Chicago, IL
