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.
Listed By
Agency Name: Keller Williams ONEChicago
Agency Phone: 312-216-2422
Shown By
Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100
Estimated Payment
$ 2,473.37 per month $2,022.62 Principal & Interest $334.08 Property Tax $116.67 Homeowner's Insurance
8134 S Vernon Avenue | MLS# 12634610
This multi-family property located at 8134 S Vernon Avenue, Chicago, IL 60619 is currently listed for sale with an asking price of $400,000. S Vernon Avenue is located within the District 130 school district. Search Chicago real estate on www.mycrr.com today.