10920 -10930 S Vernon Ave, Chicago, IL 60628

Located in the Historic Pullman neighborhood of Chicago, this multi-family investment opportunity is situated at 10920-10930 S. Vernon Avenue, approximately 15.6 miles south of Chicago’s Downtown Loop, 1.3 miles south of the Bishop Ford Freeway and Dan Ryan Expressway interchange, and 0.3 miles north of the Metra Electric 111th Street train station. The property features a unit mix comprising twenty-two one-bedroom, one-bathroom units averaging approximately 650 square feet, along with eight one-bedroom, one-bathroom units with a den, each measuring approximately 725 square feet. Additionally, the property includes one one-bedroom, one-bathroom garden unit encompassing approximately 650 square feet. Over the past 10 years the property has received numerous capital improvements including a new silicone roof system, laundry room, boiler, hot water heater, and rehabbed units. In addition, the hallways have been carpeted. The neighborhood of Pullman is a National Historic Landmark District that was first developed in the early 1880's. The area surrounding Vernon Avenue benefits from Pullman’s designation as a National Monument and later as a National Historical Park, which has elevated the neighborhood’s profile and spurred renewed public and private investment. Over the past decade, Pullman has undergone meaningful revitalization driven by large-scale economic development initiatives and community-focused planning. Major investments in nearby Pullman Park have attracted distribution, manufacturing, and food production users, creating thousands of jobs and injecting new economic activity into the Far South Side. Ongoing rehabilitation of historic homes, adaptive reuse of former institutional buildings, and the introduction of new affordable and mixed-income housing have helped stabilize the neighborhood and encourage long-term residency. Retail and community amenities have expanded alongside this growth, with new shopping, dining, and service options emerging in and around Pullman and neighboring communities. Community centers, parks, and cultural institutions further enhance quality of life and strengthen neighborhood cohesion.