6816 S Cornell Avenue

Chicago, Illinois 60649

Bryce Hoffman

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Property Type
Multiple Family
Community Area
South Shore

ANY REASONABLE OFFERS ACCEPTED!!!! Great Jackson Park 6 Flat with Garage. Huge 3 Bed/1 Bath units with brand new individual Forced Air and new Water Tanks. First Winter with the furnaces in place. Onsite laundry, no violations, new Tenants with leases. 2 Freshly remodeled units. Building has huge upside with minor unit work needed and completing the finishing touches. Currently 6 units occupied. Current income is at $5,450 and average rents are $900. Expenses reflect old Boiler System. Market rent is $1200. Building could be a great condo conversion and rents can be maximized with some renos. Price is ver reflective of the condition and Seller will not give the building away. Purchased a year ago for 302K and Seller has put in the furnaces and new water heater so the price point is spot on. Recent sales in the area for similar buildings are between the 500K-600K price range and this building could be the same with some unit renovations.

Full Features
Exterior Type: Brick
Basement: Partially Finished,Exterior Access
Pool: No
Square Feet: N/A
Tax Amount: $7,467
Built: 1914
Cooling System: Window Unit/s
Stories: 3
Zoning: COMMR
Current Net Income: $42,106
Unit 1: 7 room(s) / 3 bed(s) / 1 bath(s)
School District(s): No Data Available

Taxes & Assessments
Taxes: $7,467

Listing Office: Anton LLC

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Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Midwest Real Estate Data, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

South Shore photo

South Shore

Neighborhoods: Jackson Park Highlands

Once a vacation destination for Chicago’s elite, the South Shore has become an increasingly popular place to call home. Located on Chicago’s scenic lakefront, the neighborhood’s beautiful beaches, plentiful green space and easy access to downtown via Lake Shore Driveā€¦

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Nearby Public Transportation

Metra Electric South Chicago Branch, Metra Electric Main Branch, South Shore

at Stony Island Metra (0.35 miles away), 63rd St Metra, 63rd Street

6816 S Cornell Avenue Chicago, Illinois 60649 is a multiple family which sold for $330,000. This multiple family has been listed on @properties since August 13th, 2015 and was built in 1914. The nearest transit stops include Metra Electric South Chicago Branch Stony Island Metra. Want to learn more about 6816 S Cornell Avenue Chicago, Illinois 60649? Contact an @properties agent to request more info.

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