8134 S Vernon Avenue, Chicago, IL

$400,000

Overview

  • 723773
  • Property ID
  • Updated On:
  • May 5, 2026
  • 6
  • Bedrooms
  • 4
  • Bathrooms

Description

CASH FLOW OPPORTUNITY – TURNKEY 2-UNIT IN Chatham This 6-bedroom, 4-bath two-unit building is a true income-producing asset with immediate returns. Perfect for investors looking for strong cash flow with upside. Both units offer spacious layouts with solid rental demand. Current rents are already performing: Upper Unit: $1,500/month (with $500 discount for tenant-provided upkeep/yard work – room to increase) Lower Unit: $2,000/month That’s $3,500/month in current gross income, with the potential for higher rents and increased gross income once adjusted to market rates. The property also features a large basement, offering additional storage or future value-add potential. Tenant-occupied and operating – a seamless addition to any portfolio. Sold AS IS. Seller will make no repairs. Conveniently located near major streets, public transportation, and everyday amenities, ensuring long-term tenant appeal. Investor-focused opportunity – strong cash flow, upside in rents, and priced to move. This one won’t last long. Submit your strongest offer.

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Parking
Garage
Other Features
Brick
Detached
Natural Gas
Public
Public Sewer

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$2,050.88
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,550.88

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Information for the property at 8134 S Vernon Avenue, Chicago, IL, 60619 (Property ID: 723773) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi