7001 S Vernon Avenue
Chicago, IL, 60637
$1,150,000
3 Beds
5 Baths
0 SqFt
0.18 Acres
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$1,150,000
7001 S Vernon Avenue
Chicago, IL, 60637
MLS #MRD12681072 image #0MLS #MRD12681072 image #1MLS #MRD12681072 image #2MLS #MRD12681072 image #3MLS #MRD12681072 image #4MLS #MRD12681072 image #5MLS #MRD12681072 image #6MLS #MRD12681072 image #7MLS #MRD12681072 image #8
7001 S Vernon is a South Side Chicago multifamily asset positioned as a value-add rental opportunity. Very well-maintained brick building with many recent updates done, including new boiler; lintel and brick replacement; roof replacement/repairs and unit updates. The building has 13 existing apartment units, including one vacant garden unit, plus a 14th garden unit, subject to buyer verification of zoning, code, life safety, egress and permitting requirements. 2-car garage can be also rented. It is used for storage now.

Property Details

Price:
$1,150,000
MLS #:
MRD12681072
Status:
Active
Beds:
3
Baths:
5
Type:
Commercial
Neighborhood:
chigreatergrandcrossing
Listed Date:
Jun 19, 2026
Year Built:
1916
Chi – Greater Grand CrossingChigreatergrandcrossing

Schools

Interior

Exterior

Construction Materials
Brick
Stories
3

Financial

Maintenance Fee
$3,400
Net Operating Income
$83,337
Tax Year
2023
Taxes
$13,777
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Jun 20, 2026
917
Commercial Listed
186
Avg DOM
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Avg List Price

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Property Summary

    7001 S Vernon Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60637. It is listed for $1,150,000 To schedule a showing of MLS#mrd12681072 at 7001 S Vernon Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7001 S Vernon Avenue
Chicago, IL