Back to Search

Turnkey Two-Unit Income Property

8134 S Vernon Avenue, Chicago, IL 60619

View on Map

For Sale

Under Contract

$400,000

MULTI_FAMILY - Chicago, IL

HighLights

Two‑unit brick building built in 1923 with 6 bedrooms and 4 bathrooms
Tenant‑occupied; sold AS IS with seller making no repairs
Upper unit rents $1,500/month, including a $500 discount for tenant‑provided upkeep/yard work
Lower unit rents $2,000/month for total current gross income of $3,500/month
Large basement for additional storage
Utilities include public water and public sewer; heating is natural gas; parking includes a garage

We can help!

Listing Contact

Cody Kindle

For Sale

Under Contract

$400,000

MULTI_FAMILY - Chicago, IL

Added:: Apr 30, 2026
Days on Market:: 49
Last Refresh:: Jun 17 at 7:06 am

Property Features for 8134 S Vernon Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 6
Bathrooms: 4
Rooms: Bathroom 3, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Basement, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
Parking: 2
Parking features: Garage
Basement: Full, Unfinished
Standard status: Active Under Contract
APN: 20342160320000

Taxes and HOA fees

Tax Year: 2023
Tax Annual Amount: 4009

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas
Water source: Public

Building Details

Year built: 1923
Building materials: Brick

We can help!

Listing Contact

Cody Kindle

Listing agent Cody Kindle

Listing office Keller Williams ONEChicago 2211 N Elston Ave STE 400, Chicago, IL

Listing date Apr 30, 2026

MLS# 12634610 Listing URL

HighLights

Two‑unit brick building built in 1923 with 6 bedrooms and 4 bathrooms
Tenant‑occupied; sold AS IS with seller making no repairs
Upper unit rents $1,500/month, including a $500 discount for tenant‑provided upkeep/yard work
Lower unit rents $2,000/month for total current gross income of $3,500/month
Large basement for additional storage
Utilities include public water and public sewer; heating is natural gas; parking includes a garage

Overview

This two-unit building in Chicago features a total of six bedrooms and four bathrooms, presenting an opportunity for investors seeking immediate returns. The property is currently tenant-occupied and operating, offering a seamless addition to any portfolio. The building includes a large basement, providing additional storage space or potential for future value enhancement. The upper unit is rented for $1,500 per month, with a $500 discount provided to the tenant for upkeep and yard work, suggesting potential for increased rental income. The lower unit is rented for $2,000 per month, resulting in a current gross income of $3,500 per month. There is potential for higher rents and increased gross income once adjusted to market rates. The property is being sold AS IS, with the seller not planning to make any repairs. The location is near major streets, public transportation, and everyday amenities, which ensures long-term tenant appeal. The property is located in Chatham, Chicago.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.613935
Latitude: 41.746442

Nearby Similar for Sale

$1,300,000

6,400 SF

Renovated Chicago Industrial Flex Warehouse

6,400 SF renovated industrial flex warehouse in Chicago for sale.

3146 W Chicago Avenue, Chicago, IL 60622

View Details
$749,000

3,700 SF

West Town Corner Retail Space

New construction retail space in booming West Town neighborhood.

1445 W Chicago Avenue, Chicago, IL 60642

View Details
$949,000

4,055 SF

Turnkey Restaurant Venue with PPA License

Fully renovated restaurant with licenses and uncommitted VGT potential.

7455 W Irving Park Road, Chicago, IL 60634

View Details
$949,000

4,055 SF

Turnkey Restaurant Venue with PPA License

Fully renovated restaurant with licenses and VGT potential in Chicago.

7455 W Irving Park Road, Chicago, IL 60634

View Details
$949,000

4,055 SF

Turnkey Restaurant Venue with Licenses

Fully renovated restaurant with licenses and residential unit for sale.

7455 W Irving Park Road, Chicago, IL 60634

View Details
$649,000

2,176 SF

Turnkey Restaurant Opportunity in Chicago

Below-market lease in East Lakeview, fully equipped restaurant with assets.

420 W Belmont Avenue, Chicago, IL 60657

View Details
$759,000

5,000 SF

Prime Retail Space in Chicago

Commercial property in a high-traffic retail district.

4411 N Kedzie Avenue, Chicago, IL 60625

View Details
$1,295,000

9,744 SF

Chicago Office Building with Parking

Two-story office building in Chicago's Clearing neighborhood.

6350 W 63rd Street, Chicago, IL 60638

View Details
$459,000

3,000 SF

Chicago Commercial Buildings For Sale

Three commercial buildings in a busy Chicago neighborhood retail location.

1753-1759 W 79th Street, Chicago, IL 60620

View Details
$2,379,100

10,000 SF

Chicago Commercial Space for Sale

Versatile commercial property in a prime Chicago location.

1612-16 N Throop Street, Chicago, IL 60642

View Details
$625,000

4,593 SF

Fulton River District Commercial Loft

Classic timber loft in Fulton River District, Chicago.

566 W Lake Street, Chicago, IL 60661

View Details
$549,900

2,806 SF

Wicker Park Corner Retail Building

2,806 SF retail building in prime Wicker Park location.

2357 W North Avenue, Chicago, IL 60647

View Details

For sale
Duplexes
IL
Chicago
60619
8134 S Vernon Avenue

What type of property is this?

Duplex - Income-producing two-unit building in Chatham, Chicago.

Where is this duplex located?

The property is located at 8134 S Vernon Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: Two‑unit brick building built in 1923 with 6 bedrooms and 4 bathrooms; Tenant‑occupied; sold AS IS with seller making no repairs; Upper unit rents $1,500/month, including a $500 discount for tenant‑provided upkeep/yard work

8134 S Vernon Avenue, Chicago, IL 60619

MULTI_FAMILY - Chicago, IL

Property Features for 8134 S Vernon Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Chicago Industrial Flex Warehouse

West Town Corner Retail Space

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Chicago Commercial Buildings For Sale

Chicago Commercial Space for Sale

Fulton River District Commercial Loft

Wicker Park Corner Retail Building

FAQs

Create New Password