Resourceful Center Academy of Scholars, IL homes for sale & real estate

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11136 S Vernon Ave, Chicago, IL 60628
11136 S Vernon Ave, Chicago, IL 60628
11136 S Vernon Ave, Chicago, IL 60628
ABOUT THIS HOME
Resourceful Center Academy of Scholars, IL Homes for Sale
The multifamily property located at 11136 S Vernon Ave, Chicago, IL 60628, presents an exceptional investment opportunity in the thriving South Side market of Chicago. Originally built in 1923 and recently renovated within the past two years, this three-story Class C building spans 6,500 square feet and is competitively priced at $102 per square foot. The purchase price is $660,000. Currently generating a robust monthly gross income of $7,950, with potential increases to $8,800, the property offers clear financial upside. The initial net operating income (NOI) of $69,564 provides a strong cap rate of 10.54% and a gross rent multiplier (GRM) of 6.92. With projected rent escalations, the N

$660,000

12 beds7 baths6,876 sq ft

11136 S Vernon Ave, Chicago, IL 60628

5,312 sq ft lot • Somewhat walkable

OPEN SAT, 2PM TO 5PM

11423 S Calumet Ave, Chicago, IL 60628
11423 S Calumet Ave, Chicago, IL 60628
11423 S Calumet Ave, Chicago, IL 60628

$340,000

5 beds2 baths1,800 sq ft

11423 S Calumet Ave, Chicago, IL 60628

3,125 sq ft lot • 2 garage spots • Somewhat walkable

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Based on information submitted to the MLS GRID as of Tue Mar 04 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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