$ 460,000
11020 S Vernon AVE Chicago, IL 60628
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 460,000
Est. payment /mo
Active Under Contract
11020 S Vernon AVE Chicago, IL 60628
12 Beds
3,920 Sqft Lot
UPDATED:
10/18/2024 08:03 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12077870
Bedrooms 12
Year Built 1920
Annual Tax Amount $2,475
Tax Year 2022
Lot Size 3,920 Sqft
Lot Dimensions 126X33
Property Description
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!
Location
State IL
County Cook
Area Chi - Roseland
Rooms
Basement Full
Interior
Heating Natural Gas
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Exterior Feature Porch
Waterfront false
Parking Type Off Alley, Off Street, Alley Access
Building
Dwelling Type Two to Four Units
Sewer Public Sewer, Sewer-Storm
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Cierra Thurman • Coldwell Banker Realty