Seller's Agent in 2021
Travis Montgomery
Keller Williams ONEChicago
(773) 946-8816
4 in this area
34 Total Sales
Estimated Value: $706,000
We are pleased to present 7708 S Cornell an 8-unit multifamily property located in the South Shore neighborhood of Chicago, IL. This property is located in a federal qualified opportunity zone and consist of (3) two-bedroom, one bath units, (3) one-bedroom, one bath units and (2) studios, one bath units. New developments in South Shore are underway due to its proximity to Lake Michigan, as well as Chicago's Downtown. The South Shore neighborhood, has direct access to the Chicago Skyway. The subject property is 11.6 miles South West of Midway International Airport and 10 miles from Chicago's central business district. This property gives an investor the opportunity to acquire a well-maintained asset and achieve above average returns from day one. Please Contact Listing agent for more detailed Financials and Offering Memorandum!
Last Agent to Sell the Property
Keller Williams ONEChicago License #475184338 Listed on: 04/05/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Housing Opportunities For Women Inc | $580,000 | Chicago Title | |
| Rich Ventures Llc | $245,000 | First American Title | |
| Standard Bank & Trust Co | $195,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Housing Opportunities For Women Inc | $469,600 | |
| Previous Owner | Rich Ventures Llc | $196,000 | |
| Previous Owner | Standard Bank & Trust Co | $160,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $580,000 | -1.2% | -- |
| 08/24/2021 08/24/21 | Pending | -- | -- | -- |
| 04/05/2021 04/05/21 | For Sale | $587,000 | -- | -- |
| 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 | $3,220 | -- | -- | -- |
| 2023 | $3,128 | $15,207 | $2,970 | $12,237 |
| 2022 | $3,128 | $15,207 | $2,970 | $12,237 |
| 2021 | $3,058 | $15,206 | $2,970 | $12,236 |
| 2020 | $5,101 | $22,899 | $2,970 | $19,929 |
| 2019 | $4,601 | $22,899 | $2,970 | $19,929 |
| 2018 | $4,523 | $22,899 | $2,970 | $19,929 |
| 2017 | $4,797 | $22,283 | $2,475 | $19,808 |
| 2016 | $4,463 | $22,283 | $2,475 | $19,808 |
| 2015 | $4,083 | $22,283 | $2,475 | $19,808 |
| 2014 | $4,134 | $22,283 | $2,475 | $19,808 |
| 2013 | $4,053 | $22,283 | $2,475 | $19,808 |
Seller's Agent in 2021
Travis Montgomery
Keller Williams ONEChicago
(773) 946-8816
4 in this area
34 Total Sales
Seller Co-Listing Agent in 2021
Kelly Rich
Kale Realty
1 in this area
17 Total Sales
Buyer's Agent in 2021
Sanina Ellison
Re-CHRG Inc
(773) 495-2144
1 in this area
53 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 11043121
APN: 20-25-316-027-0000