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1123 W Vernon Park Pl Chicago, IL 60607

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For Sale
Contract
$1,295,000

Three buildings, seven units, prime location, renovation needed.

Lot size:
0.12 Acres

Property Features for 1123 W Vernon Park Pl

General Information

Standard status
Contract
Lot size
0.12 Acres

Building Details

Year built
1889

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Listing Contact
William Lundy
Source: Corcoran

Listing Agency: Brookline Real Estate LLC Listing Agent: William Lundy

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Little Italy Multifamily Renovation Opportunity

This property presents a unique opportunity in the Little Italy / University Village area, consisting of three separate buildings on a single parcel. Currently configured with seven units, the property is being sold as-is as part of an estate sale. The property requires extensive renovation, making it suitable for investors or developers looking for a repositioning project. The location offers long-term potential, driven by its proximity to UIC, downtown Chicago, and major transportation routes. This property offers the opportunity to re-imagine and unlock the potential of this asset.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6551418
Latitude
41.8727811

FAQs

What type of property is this?
Apartment building - Three buildings, seven units, prime location, renovation needed.
Where is this apartment building located?
The property is located at 1123 W Vernon Park Pl Chicago, IL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: - Irreplaceable location in the heart of Little Italy / University Village.; - Rare offering of three separate buildings on one parcel.; - Strong long-term upside potential due to location, rental demand, and proximity to UIC and downtown Chicago.
More about this property
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