7038 South Vernon, Chicago IL 60637
$285,000

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Property Description

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 & Information

Key Details

  • List Price $285,000
  • Property Taxes $2,532
  • Price/ Sq. Ft. Unavailable
  • Year Built 1908
  • Parking Type None
  • Status New

Rooms

  • Total Rooms 15
  • Basement P

Exterior Features

  • Parking

  • Parking Details None
  • # of Cars:  0

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Take 71st Street To Vernon, North To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2532
  • Tax Year 2023
  • Parcel Identification Number 20224190350000

Utilities

  • Sewer Sewer-Publ

Listed by Yuliya Onyshchuk for Marblestone Property Group LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/22/2025 8:02 AM. 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.

Explore Park Manor

Park Manor is a south side Chicago neighborhood with well-kept single-family homes, plentiful schools, and easy transportation options. Cradled between two of the city's major highways and the Red Line branch of the “El” train system, residents in Park Manor have no trouble getting from point A to point B. Traveling within the neighborhood borders will reveal a love for hearty American restaurants that serve up all the comfort foods, from barbeque ribs to the traditional turkey club. Aside from getting a bite to eat, Park Manor residents have the benefit of a handful of retail developments and shops. The nightlife in Park Manor is rather lively, sporting several bars and lounges.

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