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Two-Unit Greystone Income Property
For Sale
Under Contract
$315,000

7236 S Vernon Avenue, Chicago, IL 60619

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market41

Property Features for 7236 S Vernon Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2
Parking 2
Parking features Garage
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions East on 72nd to Vernon, south on Vernon to destination
Subdivision CHI - Greater Grand Crossing
Standard status Active Under Contract
APN 20272080260000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3998

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

in-unit washer/dryer hookups
full unfinished basement

Building Details

Year built 1915
Building materials Brick
Listing Agency: Kale Realty
Listed By: Tiffany Hondras
Added: Jul 20 Changed: Aug 19 Last Checked: Aug 29 at 9:06AM
MLS# 12711039

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This classic Greystone two-unit building offers two spacious residential units within a single property. Each unit includes three bedrooms with original hardwood floors. The first-floor unit features one full bathroom plus a half bath, while the second-floor unit has two full bathrooms and a formal dining room. Both units come with in-unit washer and dryer hookup availability, along with separate furnaces and water heaters to support independent utilities. A full, unfinished basement provides additional storage and potential for future expansion.

The property is located at 7236 S Vernon Avenue in Chicago’s Greater Grand Crossing area. The building also includes a detached two-car garage for secure off-street parking.

The sale is being offered as-is.

Key Highlights

  • Greystone 2‑unit building built in 1915 with brick construction
  • Two spacious units, each with 3 bedrooms and original hardwood floors
  • First‑floor unit includes 1 full bathroom plus a half bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Skin Care Clinic Dental Office Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,066
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Classic two-unit Greystone with separate furnaces and water heaters, each unit with 3 bedrooms and washer/dryer hookups.
Where is this duplex located?
The property is located at 7236 S Vernon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Greystone 2‑unit building built in 1915 with brick construction; Two spacious units, each with 3 bedrooms and original hardwood floors; First‑floor unit includes 1 full bathroom plus a half bath
More about this property
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