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7644 S Cornell Ave , Chicago, IL 60649
$456,500
Est. Payment: $2,449.34/mo
6 Bed
3 Bath
0.08 Acres
Status: active | Days on site: 135
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88068 - 1010094
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House Description

This is an updated multi-unit property on South Cornell Ave in Chicago. The remodel was done two years ago. The property has new mechanicals (Electric-Plumbing-Furnaces-bathrooms-floors-kitchens) The units are two-bedroom and one bath each with in unit laundry. There are hardwood floors throughout (even the garden unit). Porcelain and ceramic tile cover the bathrooms and kitchen floors. Lots of windows and the kitchen and dining area has been opened up for a continuous flow. The stoves-refrigerators-microwaves are one year old. Living Room area has adequate space for a couch-love seat-multiple chairs, etc. Power Outlets are on the wall areas for the hanging of televisions. the property is a very nice multi-unit building. this was not a hurry up/fix and flip project that you have been seeing throughout the communities. Ample money and time have been put into this renovation. Noting has been hidden. No surprises that you find months later after the deal is closed. Brick two-car garage as well. There are several options for the next potential buyer. You can rent the two-units and live in the garden unit. Garden unit is probably the best of the units. Or you can rent the top unit as a two-bedroom rental and rent the first-floor unit as a duplex offering four bedrooms-two bathrooms. Currently, I have tenants in the first and second floor units with the garden unit vacant and awaiting the new owner. Currently, these rentals are generating ($3055) in monthly rental income. Roof has six additional years of life remaining. Back Porch and windows were not replaced; however, there are no major repairs needed. I would say that $13,500.00 in repairs may be needed. Property is being sold as is. Property is close to transportation-hospitals-grocery stores-. Obama center is seven blocks away. Don't miss this opportunity. Great block-great neighbors.

Highlights

Listed by Misael Chacon , 804-656-5007 Beycome Brokerage Realty LLC , 804-656-5007. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1922

County

Cook

Area

CHI - South Shore

School District

299

Listing ID

12620545

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
Basement:Finished,Full
Water:Lake Michigan

Exterior Features

Lot Dimensions:25x100
Garage Capacity:2
Sewer:Public Sewer
Parking Features:Yes,Detached,Garage
Principal Interest
$2,449
Taxes
$353

Home Price

$456,500

Loan Details

30 yrs
7.08%

Down Payment

20%
$91,300
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,449.34

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,449.34 $352.92 $0.00 $2,802.25
Yearly $29,392.05 $4,235.00 $0.00 $33,627.05
Total $881,761.56 $127,050.00 $0.00 $1,008,811.56
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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