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Property Description
Opportunity knocks in the heart of the Chatham community! This classic Chicago brick bungalow is ready for transformation and offers the perfect canvas for seasoned investors or ambitious rehabbers looking to add serious equity. This property needs a full renovation; think new windows, cosmetic upgrades, and layout modernization, but the bones are solid and the potential is undeniable. With comparable renovated homes in the area selling between $260K-$320K, this project offers a strong ROI and a quick turnaround for the right buyer. Highlights: Brick construction with full basement and attic; ideal for expansion Newer Roof, Furnace, and water heater Quiet, tree-lined block surrounded by other renovated properties Easy access to expressways, shopping, and public transportation Perfect for flip, BRRRR, or long-term rental strategy Bring your contractors and your vision; this one's priced to move and won't last long.
Full Property Details
Full Property Details for 8505 S Vernon Ave
General
- Sold For: $100,000
- Taxes: $2,954 (2023)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12501351
- Added to Site: 162 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: Head east on 87th st. turn left on Vernon
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Square Feet: 1,257
- Sq. Ft. Source: Assessor
- Year Built: 1923
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 6920
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1923
- Tax Amount: $2,954
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20344070020000
Listed by Keller Williams ONEChicago
Sold by Real People Realty
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Schools
Schools serving 8505 S Vernon Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pirie Elementary Fine Arts & Academic C 650 East 85th Street, Chicago, IL 60619 | K-6 | 0.2 mi |
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 | 1.6 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 8505 S Vernon Ave
Date
Details
Price
Change
Source
3/06/2026
Sold
$100,000
-28.57%
MLS
10/22/2025
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.
8505 S Vernon Avenue, Chicago, IL 60619 (MLS# 12501351) is a Single Family property that was sold at $100,000 on March 06, 2026. Want to learn more about 8505 S Vernon Avenue? Do you have questions about finding other Single Family real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

