7038 S Vernon Ave

Chicago IL 60637

Multi-Family

Last sold for $260,000

Yuliya Onyshchuk, last sold this property on 19 November 2025 after 1353 days on market.

Overview

Income-producing 2-flat in Greater Grand Crossing with both units currently occupied. The first unit features 3 bedrooms, and the second offers 2 bedrooms. There is a remodeled space on the second floor with potential for a third unit; buyer to verify zoning and assume all responsibility for any future use or improvements. Property includes separate utilities and an unfinished basement for added storage or value-add opportunity. Convenient location near public transit, parks, and schools. Being sold as-is-ideal for investors seeking immediate rental income with potential for growth.

Features

6 bedrooms

3 bathrooms

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 7038 S Vernon Ave is $372.2k.

Median value

$372.2k

Estimated value range

$52.5k - $665k

Median days on market

Estimated value trend

30%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7038 S Vernon Ave

2025

Sold

$260,000

19 Nov 2025 by Yuliya Onyshchuk, of Marblestone Property Group LLC

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.