11020 S Vernon Avenue
Chicago, IL 60628
- 12 beds
- 3 baths
- – sqft
- 3,920 sqft lot
- 1920 build
- – on site
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Previous buyer's financing fell through, creating a unique opportunity for you to step in and make this investment your own. Motivated Seller Alert! Walk into instant equity as property has appraised well above list price! This stunning blonde brick three-flat is a must-see for investors and owner-occupants alike. Each unit boasts four spacious bedrooms and a beautifully renovated bathroom, with hardwood floors and high ceilings throughout. With rents starting at $2,100 per unit, this property offers great income potential. The building has been completely rehabbed with City of Chicago-approved plans and permits, including a new roof, porch, siding and tuckpointing. The kitchens feature quartz countertops and stainless-steel appliances, while the bathrooms have been updated. Tenants will love the convenience of paying their own utilities, and the unfinished basement presents a great opportunity for additional storage or a potential fourth unit. With new mechanicals including a hot water tank, water supply lines, electrical panel, and heating system, this property is move-in ready and waiting for its new owner. Don't miss out on the chance to own this turnkey investment property - schedule your showing today! Come check out this income-producing beauty today!
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Last updated Nov 19, 2024
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MLS# 12077870 —
The Building
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Year Built:1920
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Rebuilt:No
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New Construction:false
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Basement:Full
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Foundation Details:Brick/Mortar, Concrete Perimeter
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Exterior Features:Porch
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Other Equipment:Ceiling Fan(s)
Interior
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Rooms Total:21
Location
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Directions:111th St to S Martin Luther King Dr North to 110th St East to Vernon South to building
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Location:12293
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Location:16936
The Property
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Parcel Number:25154140150000
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Property Type:Residential Income
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Location:N
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Lot Size Dimensions:126X33
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Lot Size Acres:0.09
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Lot Size Source:County Records
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (708) 595-9889
- Office phone:
- (773) 451-1200
Taxes
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Tax Year:2022
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Tax Annual Amount:2475
Beds
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Bedrooms Total:12
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Bedrooms Possible:12
Baths
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Baths:3
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Full Baths:3
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer, Sewer-Storm
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:6
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Parking Features:Off Alley, Off Street, Alley Access
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Parking Onsite:Yes
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Parking Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/19/24
Nov 19, 2024
|
Sold | MRED | $465,000 | 1.1% |
|
10/16/24
Oct 16, 2024
|
Sold Subject To Contingencies | MRED | $460,000 | |
|
10/4/24
Oct 4, 2024
|
Price Changed | MRED | $460,000 | -2.1% |
