Tammy Jackson
KM Realty Group, LLC
(888) 613-3243
73 Total Sales
4 in South Shore
$45K - $150K Price Range
6812 S Cornell Ave Chicago, IL 60649
South Shore Neighborhood
17
Beds
6
Baths
8,784
Sq Ft
7,500
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2024
Closed on
Oct 15, 2024
Sold by
Bought by
Seller's Agent
Daniel Collins
@properties Christies International Real Estate
Buyer's Agent
Bruce Stafford
Infiniti Properties, Inc.
List Price
$640,000
Sold Price
$648,900
Premium/Discount to List
$8,900
1.39%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,675
Outstanding Balance
$481,510
Interest Rate
9.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 10, 2020
Closed on
May 29, 2020
Sold by
Bought by
Seller's Agent
Yvette Crisp
Coldwell Banker Realty
Buyer's Agent
Daniel Collins
@properties Christies International Real Estate
List Price
$440,000
Sold Price
$440,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$330,000
Interest Rate
3.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 20, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.01%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 1, 2009
Sold by
Bought by
Purchase Details
Closed on
Jun 30, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 2, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 3, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Shore, IL
-
Tammy Jackson
-
Hugo Araujo
Hugo Araujo
Coldwell Banker Realty
(773) 819-6179
158 Total Sales
3 in South Shore
$160K - $163K Price Range
-
Brandice Hampton
Brandice Hampton
Baird & Warner
(630) 360-8819
125 Total Sales
5 in South Shore
$155K - $440K Price Range
-
Jeanne Keating
Jeanne Keating
Compass
(855) 211-8768
134 Total Sales
1 in South Shore
$78,000 Price
-
Carolyn Whiteurst
Carolyn Whiteurst
Responds QuicklyWhiteurst Properties LLC
(855) 508-1147
12 Total Sales
1 in South Shore
$51,000 Price
-
Maria Ortiz
Maria Ortiz
Kale Realty
(708) 726-3036
63 Total Sales
1 in South Shore
$290,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $649,000 | Old Republic Title | ||
| $440,000 | First American Title | ||
| $200,000 | Chicago Title Insurance Co | ||
| -- | None Available | ||
| -- | Cti | ||
| $260,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $486,675 | ||
| Previous Owner | $330,000 | ||
| Previous Owner | $348,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $280,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2024
Daniel Collins
@properties Christies International Real Estate
(773) 580-7743
1 in this area
135 Total Sales
-
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
35 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12138614
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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