NOT LISTED FOR SALE

7150 S Cornell Ave Chicago, IL 60649

South Shore Neighborhood
6 Beds
12 Baths
-- Sq Ft
1925 Built

Sale Details

Date Sold: December 22, 2016

Last sale price $430,000 $0 Per Sq Ft

98 Days on Market

About This Home

As of December 2016

One block southeast of major intersection of Stony Island, this property includes a 12-unit masonry courtyard apartment building with three additional non-confirming garden apartments. The building was gutted and rehabbed few years ago and all units received high-end kitchens and baths, including granite counter tops. Each unit has its own water heater and furnace.

Last Agent to Sell the Property

Moin Haque

Coldwell Banker Realty License #471011151 Listed on: 07/05/2016

Coldwell Banker Realty

Last Buyer's Agent

Moin Haque

Coldwell Banker Realty License #471011151 Listed on: 07/05/2016

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Community Details

  • Fuel Expense $6,491
  • Insurance Expense $1,893

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1925

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Corporation, Land Trust
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2015
  • Net Oper Income: 46326
  • Repairs Decor Expense: 2000
  • Roof Structure: Flat
  • Scavenger Expense: 1259
  • Total Annual Exp: 35754
  • Total Annual Income: 82080
  • Total Monthly Income: 6840
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1925
  • Type Multi Family: Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1925

Exterior Features

  • Construction: Brick

Utilities

  • Heatventilation: Radiators, Steam
  • Water Expense: 3572

Condo/Co-op/Association

  • Units in Building: 12

Fee Information

  • Electricity Expense: 2570
  • Electrical Service: Circuit Breakers, 0-100 Amps
  • Janitor Expense: 2800

Lot Info

  • Lot Dimensions: 50 X 125
  • Lot Sq Ft: 5200
  • Parcel Identification Number: 20251000260000

Rental Info

  • Gross Rental Income: 82080
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2015
  • Fuel Expense: 6491
  • Insurance Expense: 1893
  • Other Expenses: 500

Tax Info

  • Taxes: 7965

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
Jul 5, 2016
Closed on
Dec 21, 2016
Sold by
Bought by
Seller's Agent
Moin Haque
Coldwell Banker Realty
Buyer's Agent
Moin Haque
Coldwell Banker Realty
List Price
$550,000
Sold Price
$430,000
Premium/Discount to List
-$120,000
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
0.0357%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2014
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
$313,000
Interest Rate
0.0499%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 2008
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
$522,000
Interest Rate
0.0625%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2005
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
$310,000
Interest Rate
0.065%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 1992
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$430,000 Fidelity National Title
$417,500 Cti
$275,000 None Available
$325,000 Stewart Title Of Illinois
$450,000 Multiple
$330,000 Git
$195,000 Attorneys Natl Title Network
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
Closed $322,500
Previous Owner $313,000
Previous Owner $522,000
Previous Owner $310,000
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
12/22/2016 12/22/16 Sold $430,000 -21.8% --
10/11/2016 10/11/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $550,000 -- --
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 $10,464 $77,200 $6,540 $70,660
2024 $10,464 $77,200 $6,540 $70,660
2023 $10,165 $49,422 $4,709 $44,713
2022 $10,165 $49,422 $4,709 $44,713
2021 $9,938 $49,419 $4,708 $44,711
2020 $10,036 $45,051 $4,708 $40,343
2019 $10,908 $54,293 $4,708 $49,585
2018 $10,725 $54,293 $4,708 $49,585
2017 $11,105 $51,588 $3,924 $47,664
2016 $10,332 $51,588 $3,924 $47,664
2015 $9,453 $51,588 $3,924 $47,664
2014 $7,965 $42,929 $3,924 $39,005
2013 $7,808 $42,929 $3,924 $39,005
Source: Public Records

Agents Affiliated with this Home

  • Moin Haque

    Seller's Agent in 2016

    Moin Haque

    Coldwell Banker Realty

    (630) 518-0806

    215 Total Sales

    Moin Haque
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09276742

Midwest Real Estate Data (MRED)

APN: 20-25-100-026-0000

Illinois Cook County Chicago 60649 South Shore

7150 S Cornell Ave, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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