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15-Unit Apartment Building
For Sale
$1,200,000

8201 S Vernon Avenue, Chicago, IL 60619

Fifteen-unit multifamily property with a mix of one- and two-bedroom units featuring updated kitchens and baths.

Days on Market9

Property Features for 8201 S Vernon Avenue

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 15

Building Details

Tenancy Multi
Listing Agency:
Listed By: Noah Birk · License #ILLINOIS #475125864
Source: Kisergroup
Added: Jul 22 Changed: Jul 24 Last Checked: Jul 30 at 5:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Noah Birk

Investment Insights

Based on property information with market context.

This fifteen (15) unit apartment building offers eight (8) one-bedroom/one-bath units and seven (7) two-bedroom/one-bath units. The units are described as spacious and include modern kitchens and baths.

The property is located in Chicago’s Chatham neighborhood with convenient access to public transportation, including nearby CTA bus routes and the Metra Electric line. Major thoroughfares such as 79th Street and the Dan Ryan Expressway are also nearby, supporting commuter access.

The building is positioned close to neighborhood retail, restaurants, grocery stores, and parks, providing residents with everyday convenience in the surrounding area.

Key Highlights

  • 15‑unit apartment building in Chicago’s Chatham neighborhood
  • Unit mix: 8 one‑bedroom/1‑bath and 7 two‑bedroom/1‑bath units
  • Spacious units with modern kitchens and baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Skin Care Clinic Gym & Fitness Center Kitchen & Bath Showroom Acupuncture Cafe & Coffee Shop

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

15
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,082
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?
Apartment building - Fifteen-unit multifamily property with a mix of one- and two-bedroom units featuring updated kitchens and baths.
Where is this apartment building located?
The property is located at 8201 S Vernon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 15‑unit apartment building in Chicago’s Chatham neighborhood; Unit mix: 8 one‑bedroom/1‑bath and 7 two‑bedroom/1‑bath units; Spacious units with modern kitchens and baths
More about this property
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