Residential Income for Sale: 11020 S Vernon, Chicago, IL 60628
12 beds
$460,000
$460,000
11020 S Vernon,
Chicago, IL 60628
12 beds
$460,000
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Price:
$460,000
$10,000 - 10/04/2024
Est. payment: Skip to Mortgage Calculator
Type Residential Income
Beds 12
Lot Size 0.09 acres
Year Built 1920
City Chicago
County Cook
School District 299
MLS 12077870
Status Active Under Contract
Open House
10/19/2024 11 am - 12 pm,
10/20/2024 9 am - 10 am
10/19/2024 11 am - 12 pm,
10/20/2024 9 am - 10 am
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!
Room Features
Basement Description Finished
Lot & Building Features
Heating Natural Gas
Parking Description Space/s
Sewer Public Sewer, Sewer-Storm
Tax Year 2022
Water Lake Michigan
Lot Dimensions 126X33 ft
Community and Schools
Elementary School 299
Price History of 11020 Vernon, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
10/04/2024 | Price Adjustment | $460,000 | 2.13% |
08/05/2024 | Price Adjustment | $470,000 | 1.05% |
07/25/2024 | Price Adjustment | $474,998 | 0.00% |
07/12/2024 | Price Adjustment | $474,999 | 0.00% |
07/10/2024 | Price Adjustment | $475,000 | 5.00% |
07/09/2024 | Price Adjustment | $499,998 | 0.00% |
06/25/2024 | Price Adjustment | $499,999 | 2.91% |
12/31/1969 | Listing Price | $515,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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11020 Vernon (MLS #12077870) is a residential income listing located in Chicago, IL. This residential income listing on a lot of 3,920 sqft (or 0.09 acres) with 12 bedrooms, 3 baths and is 100+ Years years old. This property was listed on 08/16/2024 and has been priced for sale at $460,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Coldwell Banker Realty |