Building Details

Year Built 1920

Construction solid brick

Listing Agency: Delta Realty, Corp.

Listed By: George Filippidis · License #471020824 Show Phone

Source: Dawnmckennagroup

Added: Oct 7 Changed: Oct 11 Last Checked: Oct 11 at 2:28PM

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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 Delta Realty, Corp.

Investment Insights

Based on property information with market context.

This two-unit brick residential property dates to 1920. Both units have been updated and freshly painted, and the finished basement includes a party room and bedroom. One unit is occupied by a long-term tenant; the other is vacant.

The property also includes a fenced backyard and a brick garage.

Key Highlights

• Two legal residential units
• Finished basement with party room and bedroom
• One unit occupied by a long‑term tenant; one unit vacant

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,272

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - A fenced backyard and brick garage complement the recently refreshed residential units.

Where is this duplex located?

The property is located at 8048 S Vernon Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $289,000.

What are key features of this property?

This property features: Two legal residential units; Finished basement with party room and bedroom; One unit occupied by a long‑term tenant; one unit vacant