$280,000
7038 S Vernon Avenue
Chicago, IL, 60637
Income-producing 2-flat in Greater Grand Crossing with both units currently occupied. The first unit features 3 bedrooms, and the second offers 2 bedrooms. There is a remodeled space on the second floor with potential for a third unit; buyer to verify zoning and assume all responsibility for any future use or improvements. Property includes separate utilities and an unfinished basement for added storage or value-add opportunity. Convenient location near public transit, parks, and schools. Being sold as-is-ideal for investors seeking immediate rental income with potential for growth.
Property Details
Price:
$280,000
MLS #:
MRD12342775
Status:
Active
Beds:
6
Baths:
3
Address:
7038 S Vernon Avenue
Type:
Multi Family
Neighborhood:
CHI – Greater Grand Crossing
City:
Chicago
Listed Date:
Apr 20, 2025
State:
IL
ZIP:
60637
Year Built:
1908
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Roof
Flat
Financial
Tax Year
2023
Taxes
$2,532
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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7038 S Vernon Avenue
Chicago, IL
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