Chicago, IL 60649
$825,000
Mark Quesada
Broker / Owner
LIC #475144827
Exclusively engaged to present for sale 7150-52 S. Cornell Ave. Located in Chicago's historic South Shore neighborhood, the subject property contains 12 apartment units featuring (6) Studios and (6) 1 BD/1 BA unit layouts. The units feature spacious layouts and have been been renovated with updated kitchens and baths. There are gas forced air furnaces in every unit. Current ownership has pridefully maintained the building and made significant Cap-Ex upgrades including a new tear off roof and hot water tank in 2022. The property also features upgraded electric service. A qualified investor has the opportunity to acquire a turn key, well managed, stabilized asset in one of Chicago's fastest appreciating submarkets with the ability to continue to increase rents to the top of the market upon tenant turnover. There is also infrastructure in place for the buildout of (2) additional garden apartments.
Adjust the numbers to explore the cost of this home. Nothing is saved.
$6,089/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Melissa Morgan, Flats, LLC
MLS# MRD12589249 · Under Contract
$163,950
Median sale price
58 days
Avg days on market
96.0% of list
Sells for
Closed sales in 60649 over the last 6 months, all home types.
Interior
Construction
Lot & parking
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
