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$220,000
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Property Description
Unlock the Potential! This rare 3-unit property offers a unique investment opportunity in a prime location. With 3 spacious 3-bed/1-bath units, additional space in the full basement, there's strong income potential once renovated. While the property needs some TLC, it features solid bones, separate electrical, an under 10 year boiler, a fully fenced in, cemented with drain backyard and classic architectural details just waiting to be restored. Ideal for investors, contractors, or owner-occupants looking to build equity and customize to their vision. Don't miss your chance to turn this diamond in the rough into a standout income-producing asset! Being SOLD AS-IS. CALL NOW for your showing.
Full Property Details
Full Property Details for 7943 S Vernon Ave
General
- Sold For: $220,000
- Taxes: $4,853 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12356120
- Added to Site: 237 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: No Garage, On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: East of the Dan Ryan Expressway on 79th Street to Vernon and then south to 7943
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Roof: Flat
- Year Built: 1927
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3720
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1927
- Tax Amount: $4,853
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20342010140000
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Schools
Schools serving 7943 S Vernon Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ruggles Elementary School 7831 South Prairie Avenue, Chicago, IL 60619 | K-8 | 0.3 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7943 S Vernon Ave
Date
Details
Price
Change
Source
9/25/2025
Sold
$220,000
-26.67%
MLS
6/23/2025
Price Reduced
$299,999
-9.09%
MLS
5/24/2025
Listed
$330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7943 S Vernon Avenue, Chicago, IL 60619 (MLS# 12356120) is a Multi-Family property that was sold at $220,000 on September 25, 2025. This property was listed by Tamika Bishop from our Naperville Office.Want to learn more about 7943 S Vernon Avenue? Do you have questions about finding other Multi-Family real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.


