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Quadplex with Two-Car Garage
New
For Sale
$1,399,000

6418 S Vernon Ave, Chicago, IL 60637

Four-unit residential income property with in-unit laundry, multiple parking areas, and convenient access to public transportation.

Property SizeContact for details
Days on Market4

Property Features for 6418 S Vernon Ave

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Multi-Family

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 4

Amenities

in-unit laundry

Building Details

Buildings 1
Listing Agency: Wirtz Real Estate Group Inc
Listed By: Nick Nastos
Source: Chicagospropertyshop
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 29 at 8:55AM

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 Wirtz Real Estate Group Inc

Investment Insights

Based on property information with market context.

This four-unit residential property occupies a double lot and has been reconfigured from eight smaller units into larger residences. A comprehensive rehabilitation is scheduled for completion in about 2 weeks, including a new roof, windows, plumbing, electrical systems, and mechanical equipment. Each unit includes laundry, and one residence offers an optional fourth small bedroom positioned off the living room.

Parking includes a 2-car garage, 3 exterior spaces accessed from the alley, and 2 additional spaces along the side drive. The property is located at 6418 S Vernon Ave in Chicago, near the Green Line and other public transportation. New construction and rehabilitation activity is present on the surrounding block.

Key Highlights

  • Four‑unit building on a double lot, converted from 8 smaller units
  • Full rehabilitation expected to be completed in about 2 weeks
  • New roof, windows, plumbing, electric, and mechanicals

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Dental Office HVAC Service Bakery Computer & Electronic Repair

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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,024
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

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?
Quadplex - Four-unit residential income property with in-unit laundry, multiple parking areas, and convenient access to public transportation.
Where is this quadplex located?
The property is located at 6418 S Vernon Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Four‑unit building on a double lot, converted from 8 smaller units; Full rehabilitation expected to be completed in about 2 weeks; New roof, windows, plumbing, electric, and mechanicals
More about this property
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