6112 S Vernon Avenue, Chicago, IL 60637
Local realty services provided by:Better Homes and Gardens Real Estate Connections
6112 S Vernon Avenue,Chicago, IL 60637
$729,000
- 11 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: david thomas
Office: blue door dave inc
MLS#:12650991
Source:MLSNI
Price summary
- Price:$729,000
About this home
Beautiful All-Brick 3-Unit Building in West Woodlawn This well-maintained all-brick 3-unit building in West Woodlawn offers spacious layouts, strong cash flow, and long-term upside in one of Chicago's fastest-growing areas. The first-floor unit features 3 bedrooms and 2 bathrooms, including a primary suite with an en-suite bath. The second and third floors each offer 4 bedrooms and 2 full bathrooms. All units feature hardwood floors, fireplaces, stainless steel appliances, newer hot water tanks, and newer furnaces. The entire building underwent a full gut rehab in 2019, including a complete tear-off roof and a new water service line, providing copper piping from the street into the basement. The first-floor unit is currently operated as a successful Airbnb but can easily be owner-occupied or rented long-term for an estimated $1,800-$2,200 per month, adding immediate cash flow flexibility. The second and third floor tenants have been in place for years and are responsible, long-term occupants. The second-floor unit includes use of the 2-car garage and is currently on a month-to-month lease. While current rents are near market, there is clear potential for rent increases to maximize value. The third-floor unit has help from an organization and receives a subsidy, providing guaranteed rent as an added benefit. The basement is unfinished but exceptionally clean and well-maintained. The basement could easily be a 4th unit for additional income. The property is truly turnkey and well positioned for appreciation with the upcoming Obama Presidential Center nearby. Conveniently located near the University of Chicago, Downtown Chicago, Lake Shore Drive, and the future Obama Center, this is a strong investment opportunity in a rapidly developing neighborhood. Schedule your showing today. First floor and basement are easy to show; second and third floor showings available with serious interest....
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Home facts
- Year built:1909
- Listing ID #:12650991
- Updated:May 24, 2026 at 07:52 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:17
- Bathrooms Description:Soaking Tub
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Forced Air, Individual Room Controls, Natural Gas
Structure and exterior
- Roof:Flat, Rubber
- Year built:1909
- Architectural Style:Brownstone
- Foundation Description:Concrete Perimeter
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$729,000
- Tax amount:$6,852 (2024)
Features and amenities
- Amenities:Ceiling Fan(s), Multiple Water Heaters, TV-Cable
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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