7845 South Cornell Avenue

Chicago, IL 60649

$320,000
Last Sold Price
27
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Looking for a great investment? Look no more. This turnkey 6 Unit Building is just the deal you've been waiting for. It features 3 - 2 bedroom units. And 3 - 1 bedroom units. Does have violations on it which the document is attached. Each unit is spacious and has hardwood floors throughout, mildly updated kitchen and bathrooms. Property is being sold AS-IS. Currently, two of the 1 bedroom units are vacant. This property will not last long. Schedule your private showing today!Looking for a great investment? Look no more. This turnkey 6 Unit Building is just the deal you've been waiting for. It features 3 - 2 bedroom units. And 3 - 1 bedroom units. Does have violations on it which the document is attached. Each unit is spacious and has hardwood floors throughout, mildly updated kitchen and bathrooms. Property is being sold AS-IS. Currently, two of the 1 bedroom units are vacant. This property will not last long. Schedule your private showing today!
  1. Listed by Elijah Reese • Serene Realty, Inc.

Sold By Fathom Realty IL

Property Details for 7845 South Cornell Avenue

Area
CHI - South Shore
Township
Hyde Park
Num Of Parking Spaces
3.0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 06/11/2021 02:19 PM

Property Details for 7845 South Cornell Avenue

StatusClosed
MLS #10912746
Days on Market232
Taxes$3,895 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1928
Lot Size0.12 AC / 5,400 SF
CountyCook County

Location

Add your commute

Building Information for 7845 South Cornell Avenue

Stories-Residences6Year Built1928Building Size-Lot Size0.12 AC / 5,400 SF

Payment Calculator

$2,071 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,746

Property Taxes

$325

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7845 South Cornell Avenue

General Information
Addtl Parking Information
  • Indoor Parking: Detached
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Basement Description: Unfinished
  • Heat/Ventilation: Radiators,Radiant
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 5400
  • Stories: 3
  • Construction: Brick, Concrete
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 1
  • Document Date: 2020-10-21T14:02:05
  • Photos Count: 14
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $5,909.00
  • Fuel Expense: $5,909.00
  • Gross Income: $56,880.00
  • Gross Scheduled Income: $56,880.00
  • Insurance Expense: $8,640.00
  • Maintenance Expense: $.00
  • Janitor Expense: 16649
  • Total Monthly Income: 4740
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $3,334.00
  • Water Sewer Expense: $5,909.00
Unit 1
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
  • # Of Rooms - Unit 1: 15
  • # Of Full Bthrms - Type 1: 3
  • Monthly Income - 1: 800
Unit 2
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 6
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
  • # Of Rooms - Unit 2: 18
  • # Of Full Bthrms - Type 2: 3
  • Monthly Income - 2: 750
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 3: 0
  • Monthly Income - 3: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 4: 0
  • Monthly Income - 4: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 5: 0
  • Monthly Income - 5: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 7845 South Cornell Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7845 South Cornell Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 10 to 12
Public - 9 to 12
Rating
School
Distance
Mann Elementary School
PublicPK to 8

YCCS-Sullivan House Alt HS
Charter10 to 12

South Shore Intl Col Prep High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Serene Realty, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 06/11/2021 02:19 PM. 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.