7348 S Vernon Ave Chicago, IL 60619
Park Manor NeighborhoodEstimated payment $2,931/month
Highlights
- Porch
- Soaking Tub
- Heating System Uses Steam
About This Home
Exceptional 4-Unit Investment Opportunity in Park Manor! Welcome to 7348 S. Vernon Avenue, a spacious all-brick multifamily property offering an outstanding opportunity for investors looking to expand their Chicago real estate portfolio. This well-maintained building features four residential units with a total of 6 bedrooms and 4 full bathrooms, plus a full basement offering additional storage and future possibilities. The property underwent significant improvements, including an updated boiler, electrical wiring, plumbing, kitchens, bathrooms, appliances, beautifully refinished hardwood flooring, and improvements to the enclosed porch area. Throughout the building, you'll find generously sized living spaces, hardwood floors, and beautiful original woodwork that preserves the character and craftsmanship of this classic Chicago property. Situated on a residential block in the desirable Park Manor community, the property offers convenient access to public transportation, neighborhood amenities, and major expressways, including I-90/I-94.The landlord currently pays gas and electric for the building/tenants, except Unit 1F pays its own electric. Whether you're an experienced investor or looking to add your next multifamily property to your portfolio, 7348 S. Vernon offers space, character, location, and income-producing potential all under one roof. Opportunities to acquire a four-unit brick building like this don't come along every day-schedule your private showing and discover the possibilities! The RENT ROLL is in the Document Section.
Listing Agent
Nicole Wheatly
EXIT Strategy Realty Brokerage Email: stepsincconsulting@gmail.com License #475179365 Listed on: 08/11/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,505
Year Built
- Built in 1922 | Remodeled in 2020
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
- Soaking Tub
Utilities
- Heating System Uses Steam
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Porch
- Lot Dimensions are 25x125
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,853 | $27,400 | $3,906 | $23,494 |
| 2024 | $4,853 | $27,400 | $3,906 | $23,494 |
| 2023 | $4,731 | $23,000 | $5,425 | $17,575 |
| 2022 | $4,731 | $23,000 | $5,425 | $17,575 |
| 2021 | $4,625 | $23,000 | $5,425 | $17,575 |
| 2020 | $3,985 | $17,887 | $5,425 | $12,462 |
| 2019 | $4,084 | $20,327 | $5,425 | $14,902 |
| 2018 | $4,015 | $20,327 | $5,425 | $14,902 |
| 2017 | $5,056 | $23,487 | $4,774 | $18,713 |
| 2016 | $4,704 | $23,487 | $4,774 | $18,713 |
| 2015 | $4,304 | $23,487 | $4,774 | $18,713 |
| 2014 | $4,205 | $22,664 | $3,906 | $18,758 |
| 2013 | $4,122 | $22,664 | $3,906 | $18,758 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/11/2026 08/11/26 | For Sale | $449,900 | +28.5% | -- | |
| 10/15/2020 10/15/20 | Sold | $350,000 | -4.1% | -- | View Prior Sale |
| 07/21/2020 07/21/20 | Pending | -- | -- | -- | |
| 07/14/2020 07/14/20 | For Sale | $365,000 | 0.0% | -- | |
| 02/10/2020 02/10/20 | Pending | -- | -- | -- | |
| 02/06/2020 02/06/20 | For Sale | $365,000 | +221.6% | -- | |
| 08/29/2018 08/29/18 | Sold | $113,500 | -12.6% | -- | View Prior Sale |
| 08/23/2018 08/23/18 | Pending | -- | -- | -- | |
| 08/08/2018 08/08/18 | For Sale | $129,900 | 0.0% | -- | |
| 06/28/2018 06/28/18 | Pending | -- | -- | -- | |
| 06/18/2018 06/18/18 | For Sale | $129,900 | 0.0% | -- | |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- | |
| 05/24/2018 05/24/18 | For Sale | $129,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Chicago Title | |
| Special Warranty Deed | $113,500 | Attorneys Title Guaranty Fun | |
| Quit Claim Deed | -- | Attorney | |
| Sheriffs Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Placer Title | |
| Warranty Deed | $325,000 | First American Title Ins Co | |
| Warranty Deed | $230,000 | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,052 | FHA | |
| Open | $24,324 | FHA | |
| Closed | $4,990 | FHA | |
| Closed | $23,670 | FHA | |
| Open | $343,660 | FHA | |
| Previous Owner | $341,800 | Commercial | |
| Previous Owner | $335,700 | Commercial | |
| Previous Owner | $172,500 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12730101
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Ask me questions while you tour the home.