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$449,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 3 Car Garage
  • Updated 2 days ago

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Absolute cash flow powerhouse! This rare and truly one of a kind two unit property stands in a league of its own. With oversized units featuring approximately four bedrooms each and a total of three bathrooms throughout, this is an extremely hard to find setup in today's market. Fully finished from top to bottom, this property is built to generate income from day one. Four bedroom units command $2,300+ per unit, making this a powerful addition to any investment portfolio or the perfect house hack opportunity for the savvy buyer. The value does not stop there. This property also 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 multiple value add options all under one roof. Do not wait on this one. This is exactly what investors have been looking for.

Full Property Details for 8024 S Vernon Ave

General

  • Price: $449,999
  • Taxes: $4,220 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12660485
  • Updated: 5/31/2026
  • Added to Site: 6 day(s) ago

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 8

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - Chatham
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: Take exit for I-90/I-94 East (Dan Ryan Expressway) Continue south on I-94 (Dan Ryan) Take exit for 79th Street Go east on 79th St Turn right (south) on Vernon Ave Go about 1 block arrive at 8024 S Vernon

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Year Built: 1921
  • Built Before 1978: Yes
  • Remodeled/Updated: 2025

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 24

Financial Considerations

  • Assessment Year: 1921
  • Tax Amount: $4,220
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20342080310000

Listed by Kale Realty

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— 8024 S Vernon Ave —

  • Kale Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 8024 S Vernon Ave

School District:Chicago Public School District 299
NameGradesDistance
Ruggles Elementary School
7831 South Prairie Avenue, Chicago, IL 60619
K-80.3 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-120.7 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 8024 S Vernon Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/28/2026
Listed
$449,999
69.81%
MLS
10/15/2025
Sold
$265,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8024 S Vernon Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,220
—
$19,000
-5%
2023
$4,220
3%
$20,000
—
2022
$4,114
2%
$20,000
—
2021
$4,022
17%
$20,000
30%
2020
$3,424
-2%
$15,371
-12%
2019
$3,510
2%
$17,468
—
2018
$3,451
-14%
$17,468
-7%
2017
$4,030
7%
$18,722
—
2016
$3,750
9%
$18,722
—
2015
$3,431
28%
$18,722
30%
2014
$2,682
2%
$14,453
—
2013
$2,629
1%
$14,453
—
2012
$2,594
—
$14,453
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kale Realty

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8024 S Vernon Avenue, Chicago, IL 60619 (MLS# 12660485) is a Multi-Family property with 2 units containing 8 bedrooms and 0 full bathrooms. 8024 S Vernon Avenue is currently listed for $449,999 and was received on May 28, 2026. Want to learn more about 8024 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.

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