See Home Value
Chicago 60637 Park Manor
6900 South Vernon Avenue
$1,309,879*
Commercial - Off Market

6900 South Vernon Avenue

Chicago, IL 60637
bedrooms
Studio
bathrooms
0 Bath
$810,000 - $988,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

fully rehabbed 12 unit turn key investment property opportunity. This corner lot is located at 6900 S Vernon Ave. in the Greater Grand Crossing neighborhood of Chicago near University of Chicago and plenty of public transit. This 12 unit building is comprised of seven 1 bed 1 bath and five 2 bed 1 bath units. All units have separate utilities. 75% occupied with great tenant base. First floor units have exceptionally high ceiling and can achieve higher than current rents.    PROPERTY DETAILS  * FULLY REHABBED UNITS  * ALL NEW KITCHEN AND BATHS  * ALL UNITS HAVE STAINLESS STEEL APPLIANCES  * COIN LAUNDRY IN BASEMENT  * ALL NEW PLUMBING THROUGHOUT  * NEW MECHANICALS  * NEW ELECTRICAL  * 4 SPACE PARKING PAD  * SECURITY FLOOD LIGHTS  * SECURITY CAMERAS(SMARTPHONE ACCESSIBLE)  * NEST THERMOSTAT (SMARTPHONE ACCESSIBLE)
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$4,600
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jan 27, 2020 No longer available -
No longer available
Dec 8, 2019 Price Decreased $899,000
↓ $51K (5.4%)
Price Decreased
Nov 9, 2019 Listed $950,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
29,940 ft²
$33/ft²
$995,500 Oct 19, 2023
-
$3,117/mo
Commercial
Loft
-
7,040 ft²
$102/ft²
$720,000 Jan 9, 2024
-
$346/mo
Multifamily
9 Beds
-
-
$939,000 Mar 18, 2024
-
-
Multifamily
9 Beds
-
-
$859,000 Apr 10, 2024
-
$68/mo
Multifamily
9 Beds
-
-
$850,000 Jan 26, 2024
-
$318/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191109
11/09/2019
Studio
-
-
$950,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

6900 South Vernon Avenue 6900 South Vernon Avenue, Chicago, IL 60637
More about this Building
6900 South Vernon Avenue
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