6816 S Cornell AVE, Chicago, IL 60649
6816 S Cornell AVE, Chicago, IL 60649
6816 S Cornell AVE, Chicago, IL 60649
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$1,225,000
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6,098 Sqft Lot
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6816 S Cornell AVE Chicago, IL 60649

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12776106

Maintenance Fees $2,000

Year Built 1916

Annual Tax Amount $17,286

Tax Year 2025

Lot Size 6,098 Sqft

Lot Dimensions 45X125

Property Sub-Type Multi Family 5+

Property Description

Turnkey 7-Unit Investment Opportunity in South Shore. This solid income-producing asset features a strong unit mix of six spacious three-bedroom, one-bath apartments and one one-bedroom, one-bath unit-offering broad tenant appeal and consistent rental demand. Ideally located less than one mile from the new Obama Presidential Center, South Shore Cultural Center, public transportation, shopping, restaurants, parks, and other neighborhood amenities, the property is well-positioned for long-term occupancy and appreciation. With a convenient location, generous floor plans, and dependable cash flow, this seven-unit building is a standout addition for investors seeking to expand their portfolio or acquire a high-performing asset in one of Chicago's most established communities.

Location

State IL

County Cook

Area Chi - South Shore

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Lawrence Dunning of  Fulton Grace Realty 

NEARBY SCHOOL & BUSINESS

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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6816 S Cornell AVE