8024 S Vernon Ave Chicago, IL 60619
Chatham NeighborhoodEstimated payment $2,720/month
About This Home
Absolute cash-flow beast. This rare, one-of-a-kind two-unit stands in a league of its own with oversized units featuring approximately four bedrooms each and a total of three bathrooms throughout the building an extremely hard-to-find setup in today's market. Fully finished from top to bottom, this property is built to produce income immediately. Four-bedroom units command $2,300+ per unit, making this a powerful addition to any portfolio or a perfect house-hack opportunity. The value doesn't stop there this property includes a two-car garage and a finished basement with the potential to duplex down or expand living space, creating even more income and long-term upside. Opportunities like this do not come around often. Large units, strong rent potential, and additional value-add options all in one property. Move fast this is the one investors wait for.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,220
Year Built
- Built in 1921 | Remodeled in 2025
Parking
- 3 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 3 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $4,220 | $19,000 | $2,790 | $16,210 |
| 2024 | $4,220 | $19,000 | $2,790 | $16,210 |
| 2023 | $4,114 | $20,000 | $4,650 | $15,350 |
| 2022 | $4,114 | $20,000 | $4,650 | $15,350 |
| 2021 | $4,022 | $20,000 | $4,650 | $15,350 |
| 2020 | $3,424 | $15,371 | $3,348 | $12,023 |
| 2019 | $3,510 | $17,468 | $3,348 | $14,120 |
| 2018 | $3,451 | $17,468 | $3,348 | $14,120 |
| 2017 | $4,030 | $18,722 | $2,976 | $15,746 |
| 2016 | $3,750 | $18,722 | $2,976 | $15,746 |
| 2015 | $3,431 | $18,722 | $2,976 | $15,746 |
| 2014 | $2,682 | $14,453 | $2,604 | $11,849 |
| 2013 | $2,629 | $14,453 | $2,604 | $11,849 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/06/2026 04/06/26 | For Sale | $449,900 | 0.0% | -- | |
| 04/06/2026 04/06/26 | Price Changed | $449,900 | +69.8% | -- | |
| 10/28/2025 10/28/25 | Sold | $265,000 | +10.4% | -- | View Prior Sale |
| 08/30/2025 08/30/25 | Pending | -- | -- | -- | |
| 08/21/2025 08/21/25 | For Sale | $240,000 | 0.0% | -- | |
| 03/05/2018 03/05/18 | Rented | $950 | 0.0% | -- | |
| 02/22/2018 02/22/18 | Under Contract | -- | -- | -- | |
| 10/27/2017 10/27/17 | For Rent | $950 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12582858
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Ask me questions while you tour the home.