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$ 530,000
Est. payment /mo
New
6843 S Cornell AVE Chicago, IL 60649
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12460725
Bedrooms 6
Year Built 1910
Annual Tax Amount $5,139
Tax Year 2023
Lot Dimensions 30X125
Property Sub-Type Two to Four Units
Property Description
Looking to become a homeowner and an investor at the same time? This classic brick three-flat in Chicago's red-hot South Shore neighborhood is your chance to live for less while your investment grows. Live and Invest in a Prime South Shore Location. Just steps from the beautiful Jackson Park Golf Course, the harbor, and the lakefront, this property puts you right in the heart of everything. Enjoy easy access to the future Obama Presidential Center, Metra Electric trains for a quick commute, and plenty of local shops and restaurants along 71st street and in nearby Hyde Park. Each of the three apartments are spacious 2-bedroom, 1-bathroom units with large rooms, providing a comfortable and affordable living experience. The property is investor-owned and has been updated with modern amenities, including modern kitchens, HVAC, central AC, and convenient in-unit laundry in each apartment. Why buy a condo? Live in one unit and use the strong rental income from the other two to significantly reduce or remove your housing cost. You'll build equity quickly as you benefit from the appreciation potential of this well-located building. A brick garage is also included, adding extra value. Don't miss this opportunity to buy a home, collect rental income, and build wealth in one of Chicago's most dynamic neighborhoods.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement Unfinished, None, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Wayne Beals • Exit Strategy Realty / EMA Management
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