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About the Listing 4135 - 43148
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.
Listing Highlights
Status
Active
Days on Site
36
Property Type
Multi-Family
MLS ®
12589249
Year Built
1926
Total Square Footage
0
Lot/Acreage
25 X 100
County
Cook
Area
CHI - South Shore
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 25 X 100
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $15,558
- Taxes w/Assessments: N/A
- Tax/Property ID: 20251000260000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
7150-52 S Cornell Ave Chicago, IL 60649
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