Seller's Agent in 2024
Daniel Collins
@properties Christies International Real Estate
(773) 580-7743
1 in this area
140 Total Sales
6812 S Cornell Ave Chicago, IL 60649
South Shore Neighborhood
17
Beds
6
Baths
8,784
Sq Ft
7,405
Sq Ft Lot
About This Home
As of October 2024Six Unit building located in Jackson Park Highlands! Steps to the Jackson Park Golf Course, Obama Presidential Center, and centrally located to South Shore Drive for easy access to Downtown. Building consists of 5- 3 bedroom 1 bath units and 1- 2 bedroom 1 bath unit. First floor units have potential to duplex down, or finish huge expansive basement for additional income. Each unit has gas forced air heat and water heater. Updated 100amp electric for each unit. Four of six are occupied w/ MTM leases, two are vacant. Two separate brick garages with space for an additional vehicle in rear. Coin laundry in basement. This is a great investment, with great potential for long term residual income! Property being SOLD AS IS. Notice required.
Last Agent to Sell the Property
@properties Christies International Real Estate License #475155183 Listed on: 08/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,682
Year Built
- Built in 1918
Lot Details
- 7,500 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
Interior Spaces
- 8,784 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 17 Bedrooms
- 6 Bathrooms
Utilities
- No Cooling
- Central Heating
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $600
- Fuel Expense $1,260
- Insurance Expense $10,000
- Maintenance Expense $3,500
- Manager Expense $3,240
- Trash Expense $3,210
- Water Sewer Expense $1,930
- Operating Expense $26,287
- Gross Income $6,100
- Net Operating Income $49,920
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2024 10/30/24 | Sold | $648,900 | +1.4% | $74 / Sq Ft | |
| 08/24/2024 08/24/24 | Pending | -- | -- | -- | |
| 08/20/2024 08/20/24 | For Sale | $640,000 | +45.5% | $73 / Sq Ft | |
| 06/12/2020 06/12/20 | Sold | $440,000 | 0.0% | -- | View Prior Sale |
| 03/20/2020 03/20/20 | Pending | -- | -- | -- | |
| 03/13/2020 03/13/20 | Off Market | $440,000 | -- | -- | |
| 03/10/2020 03/10/20 | For Sale | $440,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,682 | $69,000 | $21,000 | $48,000 |
| 2024 | $8,682 | $69,000 | $21,000 | $48,000 |
| 2023 | $8,300 | $32,000 | $16,875 | $15,125 |
| 2022 | $8,300 | $32,000 | $16,875 | $15,125 |
| 2021 | $8,105 | $32,000 | $16,875 | $15,125 |
| 2020 | $8,635 | $31,369 | $10,125 | $21,244 |
| 2019 | $8,820 | $35,247 | $10,125 | $25,122 |
| 2018 | $8,616 | $35,247 | $10,125 | $25,122 |
| 2017 | $8,577 | $32,505 | $9,000 | $23,505 |
| 2016 | $9,694 | $39,616 | $9,000 | $30,616 |
| 2015 | $8,816 | $39,616 | $9,000 | $30,616 |
| 2014 | $7,999 | $35,742 | $7,500 | $28,242 |
| 2013 | $7,909 | $35,742 | $7,500 | $28,242 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Collins
-
Bruce Stafford
Buyer's Agent in 2024
Bruce Stafford
Infiniti Properties, Inc.
(312) 622-7752
1 in this area
35 Total Sales
-
Yvette Crisp
Seller's Agent in 2020
Yvette Crisp
Coldwell Banker Realty
(312) 671-1099
1 in this area
41 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12138614
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Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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