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$399,900 Contingent
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Property Description
A true gem for investors and portfolio builders! This classic Chatham 6-unit building is full of charm, space, and long-term potential. Each unit features formal living and dining rooms, enclosed rear porches, and generous layouts that continue to attract long-term tenants. The property includes a 4-car brick garage, offering additional income potential or owner use. A newer gas boiler has already been installed, addressing a major mechanical upgrade. Significant recent improvements have been completed, including tuckpointing, select electrical updates, interior painting, and general repairs, enhancing both functionality and curb appeal. This is an Estate Sale and is being Sold As Is. Proof of funds required for all showings. Serious inquiries only.
Full Property Details
Full Property Details for 8123 S Vernon Ave
General
- Price: $399,900
- Taxes: $5,485 (2023)
- Status: Contingent
- Type: Commercial
- Source: MRED
- MLS ID: 12559512
- Updated: 2/16/2026
- Added to Site: 60 day(s) ago
Location
- Area: CHI - Chatham
- County: Cook
- Township: Hyde Park
- Driving Directions: Take I-90/94 (Dan Ryan Expressway) south, exit on 67th Street eastbound, then turn south on Vernon Avenue and drive to 8123 S Vernon Ave, Chicago.
Heating & Cooling
- Heating Type: Central Building Heat, Gas
Structural Information
- Construction: Concrete, Brick
- Exterior Const.: Concrete, Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Year Built: 1924
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 4960
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1924
- Tax Amount: $5,485.76
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 20342170070000
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Schools
Schools serving 8123 S Vernon Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Dixon Elementary School, Chicago, IL 8306 South Saint Lawrence Avenue, Chicago, IL 60619 | 7-8 | 0.3 mi |
Harlan Community Academy High School 9652 South Michigan Avenue, Chicago, IL 60628 | 9-12 | 2.1 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 8123 S Vernon Ave
Date
Details
Price
Change
Source
2/02/2026
Listed
$399,900
—
MLS
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
Tax History for 8123 S Vernon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,486
3%
$26,000
—
2022
$5,348
2%
$26,000
—
2021
$5,228
63%
$26,000
80%
2020
$3,217
-2%
$14,442
-12%
2019
$3,297
2%
$16,412
—
2018
$3,242
-40%
$16,412
-35%
2017
$5,394
7%
$25,059
—
2016
$5,019
9%
$25,059
—
2015
$4,592
-4%
$25,059
-3%
2014
$4,787
2%
$25,800
—
2013
$4,692
1%
$25,800
—
2012
$4,630
—
$25,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8123 S Vernon Ave
8123 S Vernon Avenue, Chicago, IL 60619 (MLS# 12559512) is a Commercial property. 8123 S Vernon Avenue is currently listed for $399,900 and was received on February 02, 2026. Want to learn more about 8123 S Vernon Avenue? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

