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$138,500
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Property Description
Perfect for an investor or buyer looking to own for less than rent! This spacious 4-bedroom, 1.5-bath home offers incredible value and endless potential. Step inside to a large living room, separate dining room, and high ceilings that create an open, airy feel. The recently updated kitchen adds modern appeal, while the finished basement provides extra living space for entertaining, a home office, or recreation. Enjoy outdoor living with a large rear deck overlooking a fully fenced yard-perfect for gatherings, pets, or play. A 1-car garage and newer roof add to the home's overall value and convenience. Whether you're a buyer looking to build equity or an investor seeking your next rental, this property is full of opportunity with just a little TLC. Plenty of room for a growing family or strong rental potential. Currently tenant-occupied, tenant is month to month. Sold as-is. Don't miss this opportunity to turn potential into profit!
Full Property Details
Full Property Details for 7201 S Vernon Ave
General
- Sold For: $138,500
- Taxes: $3,134 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12636154
- Added to Site: 100 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: I-94 to 71st street, east to Vernon and south to property
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Square Feet: 1,680
- Sq. Ft. Source: Estimated
- Year Built: 1918
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1918
- Tax Amount: $3,134.15
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20272090010000
Listed by Real People Realty
Sold by The Bello Portfolio LLC
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Schools
Schools serving 7201 S Vernon Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Park Manor Elementary School 7037 South Rhodes Avenue, Chicago, IL 60637 | PK-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7201 S Vernon Ave
Date
Details
Price
Change
Source
8/07/2026
Sold
$138,500
—
MLS
7/06/2026
Price Reduced
$138,500
-1.07%
MLS
5/02/2026
Listed
$140,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7201 S Vernon Avenue, Chicago, IL 60619 (MLS# 12636154) is a Single Family property that was sold at $138,500 on August 07, 2026. Want to learn more about 7201 S Vernon Avenue? Do you have questions about finding other Single Family real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

