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Brick Quadplex with Full Basement
New
For Sale
$449,900

7348 S Vernon Avenue, Chicago, IL 60619

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market1

Property Features for 7348 S Vernon Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 6, Basement, Bedroom 3, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 5
Patio and Porch features Porch
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions King Dr. N/S to 73rd St, E to Vernon, S to property;
Subdivision CHI - Greater Grand Crossing
Standard status Active
APN 20272160310000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5505

Utilities

Sewer type Public Sewer
Heating system Steam
Water source Public

Building Details

Year built 1922
Building materials Brick
Roof type Rubber, Flat
Listing Agency: EXIT Strategy Realty · EXIT Realty
Listed By: Nicole Wheatly · License #475179365
Added: Aug 11 Last Checked: Aug 11 at 5:06PM
MLS# 12730101

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 1922 brick quadplex at 7348 S Vernon Avenue contains four residential units with a combined six bedrooms and four full bathrooms. A full basement provides additional storage, while the building also includes an enclosed porch, hardwood flooring, and original woodwork. Improvements include an updated boiler, electrical wiring, plumbing, kitchens, bathrooms, appliances, and refinished hardwood floors.

The property is located in Chicago’s Park Manor community, on a residential block with access to public transportation, neighborhood amenities, and I-90/I-94. Public water and public sewer serve the building. Heating is provided by a steam system, and the roof is flat with a rubber covering. The landlord pays gas and electric for the building and tenants, except Unit 1F, which pays its own electric.

Key Highlights

  • Four residential units with 6 bedrooms and 4 full bathrooms
  • Full basement provides additional storage space
  • 1922 brick construction with flat rubber roof

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Skin Care Clinic (Bike/Boat/Book/etc) Store Plumbing Service Gym & Fitness Center

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
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,022
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Updated building systems, hardwood floors, and an enclosed porch support residential rental use.
Where is this quadplex located?
The property is located at 7348 S Vernon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Four residential units with 6 bedrooms and 4 full bathrooms; Full basement provides additional storage space; 1922 brick construction with flat rubber roof
More about this property
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