SoldOct 10, 2019

Source: Midwest Real Estate Data, LLC #10536645

6630 S Vernon Ave, Chicago, IL, 60637

$390,000

8

SingleFam

30+ days on the market

Sold: Oct 10, 2019

What's around 6630 S Vernon Ave

About this property

Great investment opportunity - 8-unit multifamily property in Woodlawn. Gross Income: $79,896, NOI: $51,457 Cap Rate: 12%. Unit mix: (6) 2-bedroom, (1) 1-bedroom and (1) studio apartments. Plumbing and electrical were replaced in 2014. Half of the units were remodeled in the last 6 months, the rest were remodeled in 2015. Each unit is separately metered. Tenants pay for gas, electric and heat. The property has a gated parking lot in the back with 8-10 parking spots. The building is conveniently located within three blocks of the Green Line King Drive train stop and near CTA's 3, 5, 67 and 95 bus stops. The property is also within a short drive to the University of Chicago, the development site of the Barack Obama Presidential Center, and near Kennedy Expressway (I-90/94).

Looking for more information on 6630 S Vernon Ave?

Explore comparables, sales history and growth for this property.
Learn more

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 10 Oct 2019. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent