6112 S Vernon Avenue

Property Description

Beautiful All-Brick 3-Unit Building in West Woodlawn This well-maintained all-brick 3-unit building in West Woodlawn offers spacious layouts, strong cash flow, and long-term upside in one of Chicago's fastest-growing areas. The first-floor unit features 3 bedrooms and 2 bathrooms, including a primary suite with an en-suite bath. The second and third floors each offer 4 bedrooms and 2 full bathrooms. All units feature hardwood floors, fireplaces, stainless steel appliances, newer hot water tanks, and newer furnaces. The entire building underwent a full gut rehab in 2019, including a complete tear-off roof and a new water service line, providing copper piping from the street into the basement. The first-floor unit is currently operated as a successful Airbnb but can easily be owner-occupied or rented long-term for an estimated $1,800-$2,200 per month, adding immediate cash flow flexibility. The second and third floor tenants have been in place for years and are responsible, long-term occupants. The second-floor unit includes use of the 2-car garage and is currently on a month-to-month lease. While current rents are near market, there is clear potential for rent increases to maximize value. The third-floor unit has help from an organization and receives a subsidy, providing guaranteed rent as an added benefit. The basement is unfinished but exceptionally clean and well-maintained. The basement could easily be a 4th unit for additional income. The property is truly turnkey and well positioned for appreciation with the upcoming Obama Presidential Center nearby. Conveniently located near the University of Chicago, Downtown Chicago, Lake Shore Drive, and the future Obama Center, this is a strong investment opportunity in a rapidly developing neighborhood. Schedule your showing today. First floor and basement are easy to show; second and third floor showings available with serious interest.

Overview

Property Status

Sold

Date Sold

June 10, 2026

MLS ID

12650991

Property Type

Multi-Family

Year Built

1909

Are you interested?

Schedule a Tour

David L. Thomas, "Blue Door Dave"

(773) 301-7966 [email protected]

Features & Amenities

Neighborhood

Woodlawn

Architecture Styles

Brownstone

Garage Spaces

2.0

Water Source

Lake Michigan, Public

Roof

Rubber, Flat

Parking

Garage Door Opener, Yes, Garage Owned, Detached, Garage

Heat Type

Natural Gas, Forced Air, Indv Controls

Sewer

Public Sewer

Substructure

Concrete Perimeter

School District

299

Sales Price

$740,000

Real Estate Tax

$6,852/yr

Zoning

MULTI

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 6112 S Vernon Avenue, Chicago, IL 60637

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