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    7708 S Cornell Avenue

    Chicago, IL 60649
    • $587,000
    • STATUS: Active Under Contract
    • ON SITE: 171 days
    • MLS #: 11043121
    Under Contract
    UPDATED: 64 min ago
    $587,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are pleased to present 7708 S Cornell an 8-unit multifamily property located in the South Shore neighborhood of Chicago, IL. This property is located in a federal qualified opportunity zone and consist of (3) two-bedroom, one bath units, (3) one-bedroom, one bath units and (2) studios, one bath units. New developments in South Shore are underway due to its proximity to Lake Michigan, as well as Chicago's Downtown. The South Shore neighborhood, has direct access to the Chicago Skyway. The subject property is 11.6 miles South West of Midway International Airport and 10 miles from Chicago's central business district. This property gives an investor the opportunity to acquire a well-maintained asset and achieve above average returns from day one. Please Contact Listing agent for more detailed Financials and Offering Memorandum!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-24T17:08:35.56 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    7708 S Cornell Avenue Chicago, IL 60649

    • Price: $587,000
    • Status: Active Under Contract
    • Updated: 64 min ago
    • MLS #: 11043121
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1964
    Built
    Neighborhood:
    Chi - South Shore
    County:
    Cook
    Area:
    Chi - South Shore
    Property Description
    We are pleased to present 7708 S Cornell an 8-unit multifamily property located in the South Shore neighborhood of Chicago, IL. This property is located in a federal qualified opportunity zone and consist of (3) two-bedroom, one bath units, (3) one-bedroom, one bath units and (2) studios, one bath units. New developments in South Shore are underway due to its proximity to Lake Michigan, as well as Chicago's Downtown. The South Shore neighborhood, has direct access to the Chicago Skyway. The subject property is 11.6 miles South West of Midway International Airport and 10 miles from Chicago's central business district. This property gives an investor the opportunity to acquire a well-maintained asset and achieve above average returns from day one. Please Contact Listing agent for more detailed Financials and Offering Memorandum!
    Exterior Features

    Parking Total 4

    Interior Features

    Heat Ventilation Baseboard

    Property Features

    Additional Parcels YN Yes Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Gross Income 80100 Gross Scheduled Income 80100 Insurance Expense 3600 Maintenance Expense 1600 Net Operating Income 48678 Operating Expense 27417 Tax Annual Amount 4600.66 Tax Year 2019 Tenant Pays Varies By Tenant Total Monthly Income 6675 Type Multi Family 5+

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Onechicago.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-24T17:08:35.56 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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