6112 S Vernon Ave

Chicago IL 60637

Multi-Family

Last sold for $740,000

David Thomas, last sold this property on 10 June 2026 after 124 days on market.

Overview

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.

Features

11 bedrooms

6 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Estimated Value

We need at least 3 similar 11 bedroom multi families sold in Chicago over the last 12 months.

Property history for 6112 S Vernon Ave

2026

Sold

$740,000

10 Jun 2026 by David Thomas, of Blue Door Dave Inc

2018

Sold

$200,000

18 Dec 2018 by WAYNE BEALS, of Beals & Associates Ltd

2013

Sold

$41,000

08 Oct 2013 by Adam Wavrunek, of DOMAIN REALTY

Happy sellers in Chicago

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