Offering
7907 S Vernon AveChicago, IL 60619
- Asking price
- $685,000
- Submarket
- Chatham
- Offering
- 11 units · mixed use
Investment Summary
Asking price$685,000
Per unit$62,273
Per SF$95.70
Cap rate · pro forma11.03%
NOI · in-place$31,789
NOI · pro forma$75,567
GRM · in-place5.5×
BAUVISTA · Confidential
Financials, rent roll and financing
Rent Roll · Income & Expenses and the data room open once you accept the confidentiality agreement.
Review and accept the agreementProperty Overview
- Address
- 7907 S Vernon Ave
- Units
- 11 (9 resi + 2 retail)
- Unit mix
- 1 studio · 5 × 1BR · 3 × 2BR
- Building size
- 7,158 SF
- Zoning
- B3-2 · Opportunity Zone
- Submarket
- Chatham
Interiors
Commercial space
Mechanicals
Rent Comparables
| Property | Type | Date | Rent / mo | Source | Distance |
|---|---|---|---|---|---|
| 7907 S Vernon Ave · subject | |||||
| 8151 S Maryland Ave #1S · Studio | Studio | Listed | $895 | Zillow asking · 650 SF | ~0.6 mi |
| 219 E 78th St #1 · 1 bed | 1 bed | Listed | $1,350 | Zillow asking · 1,000 SF | ~0.2 mi |
| 607 E 80th St · 1 bed | 1 bed | Listed | $1,400 | Zillow asking · 800 SF | ~0.3 mi |
| 655 E 82nd St #3 · 1 bed | 1 bed | 3/16/26 | $1,400 | MLS rented · 850 SF | ~0.5 mi |
| 8034 S Eberhart Ave #2 · 2 bed | 2 bed | Listed | $1,750 | Zillow asking · 1,406 SF | ~0.2 mi |
| 656 E 81st St #2 · 2 bed | 2 bed | Listed | $1,350 | Zillow asking · 1,000 SF | ~0.4 mi |
| 1 bed average | $1,383 | ||||
| 2 bed average | $1,550 |
Advisor Team
