7348 S Vernon AvenueChicago, IL 60619

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 Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1922

Lot dimensions

25X125

Ownership

Fee Simple

Zoning

MULTI

Days on market

39

MLS^® Listing#

12730101

Property Features

Heating

Steam

Basement

Unfinished · Full

Patio

Porch

Construction

Brick

Foundation

Concrete Perimeter

Roof

Rubber · Flat

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$5,505Tax year 2024

Parcel number

20272160310000

Directions

King Dr. N/S to 73rd St, E to Vernon, S to property;