NOT LISTED FOR SALE

7007 S Cornell Ave Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $173,000 - $309,000

2 Beds
1.5 Baths
1,239 Sq Ft
$187/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $190,000 $153 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,367/month

Highlights

  • Whirlpool Bathtub
  • 4-minute walk to Stony Island Station
  • Patio
  • End Unit
  • Cul-De-Sac
  • 4-minute walk to Chestnut Park

About This Home

As of February 2024

STUNNING 2 STORY BRICK SOUTH SHORE TOWNHOUSE. TOTAL REHAB LOCATED JUST MINUTES FROM THE PROPOSED OBAMA LIBRARY, JACKSON PARK GOLF COURSE AND LAKE MICHIGAN. THIS PROPERTY HAS LARGER THAN NORMAL ROOM SIZES AND 3 LEVELS OF LIVING SPACE. THE STELLAR REHAB BOASTS GLEAMING HARDWOOD FLOORS, HIGH END FIXTURES AND FINISHES THROUGHOUT. FULL FINISHED BASEMENT AND BEAUTIFUL PATIO IN REAR.No outside credit reports, income must be 2.5x$1,850, credit 580 minimum. Extra non refundable pet fee paid up front, one pet allowed 30 lbs and under, Non-refundable move in fee required

Last Agent to Rent the Property

Dana Shannon

26.2 Realty, Inc License #475176847 Listed on: 12/03/2023

Co-Listed By

Sheila Barney-Shannon

26.2 Realty, Inc License #471009464

Last Renter's Agent

Sheila Barney-Shannon

26.2 Realty, Inc License #471009464

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1947 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 25x125
  • End Unit
  • Cul-De-Sac

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,239 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 12/3/23
  • Rent includes water, scavenger

Community Details

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,800

Year Built

Built in 1947 | Remodeled in 2021

Lot Details

0

Rental Info

  • Available Date: 2023-12-03
  • Board Approval: No
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1750
  • Fees/Approvals: Credit Report,Interview Req Bd Date,Move-in Fee
  • Max Pet Weight: 30

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: 1/2 Duplex,Townhouse-2 Story
  • Property Sub-Type: Attached
  • Year Built: 1947
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2021
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Furnished: No
  • LivingArea: 1239
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, End Unit
  • Lot Features: Cul-De-Sac
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Deposit Required, Dogs OK, Neutered and/or Declawed Only, Number Limit, Size Limit
  • Rent Includes: Water, Scavenger
  • Management: Self-Management

Lot Info

  • Lot Dimensions: 25X125

Multi Family

  • Units in Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 20, 2022
Sold by
Evora Demetrius
Bought by
Shannon Cici E
Seller's Agent
Sheila Barney-Shannon
26.2 Realty, Inc
Buyer's Agent
Sheila Barney-Shannon
26.2 Realty, Inc
Sold Price
$1,800
Current Estimated Value
$231,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,537
Avg. Annual Appreciation
5.33%
Original Mortgage
$152,000
Outstanding Balance
$141,100
Interest Rate
3.68%
Estimated Equity
$90,237

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 4, 2022
Sold by
Evora Demetrius
Bought by
Shannon Cici E
Seller's Agent
Sheila Barney-Shannon
26.2 Realty, Inc
Buyer's Agent
Sheila Barney-Shannon
26.2 Realty, Inc
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$141,100
Interest Rate
3.68%
Estimated Equity
$90,237

Purchase Details

Closed on
May 19, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Evora Demetrius

Purchase Details

Closed on
Jan 15, 2009
Sold by
Watts Lora L and Watts Lora Lynn
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 18, 1996
Sold by
Wilson Waymon C and Wilson Waymon W
Bought by
Little Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,918
Interest Rate
8.32%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shannon Cici E -- --
Shannon Cici E -- --
Shannon Cici E -- --
Evora Demetrius $16,500 Forum Title Insurance Co
Deutsche Bank National Trust Company -- None Available
Little Roy $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Cici E $152,000
Previous Owner Little Roy $59,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2024 02/18/24 Rented $1,750 0.0% --
02/08/2024 02/08/24 Under Contract -- -- --
02/04/2024 02/04/24 Price Changed $1,750 0.0% $1 / Sq Ft
02/04/2024 02/04/24 For Rent $1,750 -5.4% --
12/11/2023 12/11/23 Under Contract -- -- --
12/03/2023 12/03/23 For Rent $1,850 +2.8% --
02/02/2022 02/02/22 Rented -- -- --
01/19/2022 01/19/22 Under Contract -- -- --
01/13/2022 01/13/22 For Rent $1,800 0.0% --
01/12/2022 01/12/22 Sold $190,000 -15.6% $153 / Sq Ft View Prior Sale
12/17/2021 12/17/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $225,000 -- $182 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $1,800 $12,000 $2,594 $9,406
2023 $1,748 $8,500 $2,594 $5,906
2022 $1,748 $8,500 $2,594 $5,906
2021 $1,709 $8,499 $2,593 $5,906
2020 $2,233 $10,022 $1,867 $8,155
2019 $2,237 $11,136 $1,867 $9,269
2018 $2,200 $11,136 $1,867 $9,269
2017 $2,181 $10,132 $1,660 $8,472
2016 $2,029 $10,132 $1,660 $8,472
2015 $1,857 $10,132 $1,660 $8,472
2014 $1,721 $9,273 $1,452 $7,821
2013 $1,687 $9,273 $1,452 $7,821
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2024

    Dana Shannon

    26.2 Realty, Inc

    (773) 253-8873

    2 in this area

    24 Total Sales

    Dana Shannon
    Section Image
  • Sheila Barney-Shannon

    Landlord's Co-Listing Agent in 2024

    Sheila Barney-Shannon

    26.2 Realty, Inc

    (773) 491-8812

    3 in this area

    131 Total Sales

    Sheila Barney-Shannon
    Section Image

  • A

    Seller's Agent in 2022

    Anthony Davis

    Equitable Investment Group Inc

    2 in this area

    38 Total Sales

    Anthony Davis
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11940681

Midwest Real Estate Data (MRED)

APN: 20-24-324-029-0000

Illinois Cook County Chicago 60649 South Shore

7007 S Cornell Ave, Chicago, IL

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