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6816 S Cornell Avenue

Chicago, Illinois 60649


Debra Secher
312.636.7000

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$330,000


Property Type
Multiple Family
Neighborhood
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)


Taxes & Assessments
Taxes: $7,467

Listing Office: Anton LLC

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South Shore photo


South Shore

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
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 property, which sold for $330,000. Want to learn more about 6816 S Cornell Avenue Chicago, Illinois 60649? Contact an @properties agent to request more info.


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