Chicago, IL 60628,11020 S Vernon Avenue
See all 19 photos
Chicago, IL 60628,11020 S Vernon Avenue
Chicago, IL 60628,11020 S Vernon Avenue
Chicago, IL 60628,11020 S Vernon Avenue
Chicago, IL 60628,11020 S Vernon Avenue

$465,000

Est. payment /mo

$460,000

1.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

11020 S Vernon Avenue Chicago, IL 60628

12 Beds

3,920 Sqft Lot

SOLD DATE : 11/19/2024

Key Details

Sold Price $465,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12077870

Sold Date 11/19/24

Bedrooms 12

Year Built 1920

Annual Tax Amount $2,475

Tax Year 2022

Lot Size 3,920 Sqft

Lot Dimensions 126X33

Property Sub-Type Two to Four Units

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

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Porch

View Y/N true

Building

Foundation Brick/Mortar, Concrete Perimeter

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

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Cierra Thurman • Coldwell Banker Realty
Bought with Babajide Okechukwu • Century 21 Universal
agent

Dan Firks

Principal Agent Dan Firks Team | License ID: 475.141739

+1(630) 637-9009

GET MORE INFORMATION

Name
Phone*
Message