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10-Bedroom Two-Flat with Finished Basement
New
For Sale
$525,000

6342 S Vernon Avenue, Chicago, IL 60637

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market3

Property Features for 6342 S Vernon Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 10, Basement, Bedroom 8, Bedroom 7, Bathroom 2, Bedroom 4, Bedroom 9, Bathroom 3, Bedroom 2, Bedroom 1
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions 63rd E to Vernon Ave make right going south to property.
Subdivision CHI - Woodlawn
Standard status Active
APN 20222000360000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1958

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1906
Building materials Brick
Listing Agency: Re/Max Cityview · RE/MAX International
Listed By: Ron Lewis · License #475165076
Added: Sep 23 Changed: Sep 24 Last Checked: Sep 25 at 7:06AM
MLS# 12767056

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 brick two-flat contains 10 bedrooms and 3 bathrooms. The first-floor unit extends into a finished basement, creating a duplex layout. Recent work includes a roof replacement, updated kitchens and bathrooms, new appliances, front brick repairs, and iron fencing. Each unit has its own furnace and water heater, and the building has central air conditioning.

The property is in Chicago’s Woodlawn neighborhood, a short distance from the Obama Presidential Library, Lake Shore Drive, and the CTA King Drive Green Line. It is fully rented and has undergone substantial interior and exterior updates.

Key Highlights

  • Two‑flat with 10 bedrooms and 3 bathrooms
  • First‑floor unit extends into a finished basement
  • Renovations include roof, kitchens, bathrooms, appliances, and front brickwork

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom Building Supply HVAC Service Bakery

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

2
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

993
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - The fully occupied property combines a lower-level duplex layout with updated kitchens, baths, and individual heating systems.
Where is this duplex located?
The property is located at 6342 S Vernon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑flat with 10 bedrooms and 3 bathrooms; First‑floor unit extends into a finished basement; Renovations include roof, kitchens, bathrooms, appliances, and front brickwork
More about this property
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