NOT LISTED FOR SALE

7748 S Cornell Ave Chicago, IL 60649

South Shore Neighborhood
10 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: July 6, 2023

Last sale price $430,000

14 Days on Market

Highlights

  • 3 Car Detached Garage
  • Intercom
  • Two Heating Systems
  • Porch
  • Home Security System

About This Home

As of July 2023

Jumbo 3 unit spacious apartment with 3 bedrooms each.Large master bedroom, large living room and dining room with hardwood floors, faux fireplace in each living room. Updates in kitchens and bathrooms. stainless steel appliances, including dishwasher. Individual heating and central air for each, individual hot water tanks for each in-unit circuit breaker panels. Updated 220 wiring throughout, newer windows, new rubber roof with aluminum coating 2021, exterior front Tuck pointing 2021. Laundry room in basement. Surveillance cameras security system for building exterior.

Last Agent to Sell the Property

Gloria Simpson

Hunter's Realty, Inc. License #471005696 Listed on: 03/29/2023

Last Buyer's Agent

Gloria Simpson

Hunter's Realty, Inc. License #471005696 Listed on: 03/29/2023

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,355

Year Built

  • Built in 1925

Lot Details

  • 3,049

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Lot Dimensions are 25x125

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $39,300
  • Net Operating Income $39,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,355

Year Built

Built in 1925

Lot Details

3,049 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Other Equipment: Security System, Intercom, CO Detectors, Security Cameras
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Brick/Mortar
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Public

Fee Information

  • Other Expenses $: 4920

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 39300
  • GrossIncome: 39300
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3354.8
  • Tax Year: 2021

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
Mar 29, 2023
Closed on
Jun 21, 2023
Sold by
Bought by
Seller's Agent
Gloria Simpson
Hunter's Realty, Inc.
Buyer's Agent
Gloria Simpson
Hunter's Realty, Inc.
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$409,566
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2004
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
$249,350
Interest Rate
7.87%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Shore, IL

  • Carolyn Whiteurst Real Estate Agent - Whiteurst Properties LLC

    Carolyn Whiteurst

    Responds Quickly

    Whiteurst Properties LLC

    (855) 508-1147

    12 Total Sales

    1 in South Shore

    $51,000 Price

    Carolyn Whiteurst
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  • Maria Ortiz Real Estate Agent - Kale Realty

    Maria Ortiz

    Kale Realty

    (708) 726-3036

    63 Total Sales

    1 in South Shore

    $290,000 Price

    Maria Ortiz
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  • Richard Lomax Real Estate Agent - Fulton Grace Realty

    Richard Lomax

    Fulton Grace Realty

    (312) 376-3268

    81 Total Sales

    5 in South Shore

    $147K - $475K Price Range

    Richard Lomax
     Section Image
  • Pawel Czauderna Real Estate Agent - Leader Realty, Inc.

    Pawel Czauderna

    Leader Realty, Inc.

    (224) 765-0998

    119 Total Sales

    1 in South Shore

    $255,000 Price

    Pawel Czauderna
     Section Image
  • Valerie Wright Real Estate Agent - RE/MAX Premier

    Valerie Wright

    RE/MAX Premier

    (855) 798-0256

    23 Total Sales

    3 in South Shore

    $45K - $85K Price Range

    Valerie Wright
     Section Image
  • Portia Hawkins Real Estate Agent - Phenomenal Properties Inc

    Portia Hawkins

    Phenomenal Properties Inc

    (877) 629-2857

    29 Total Sales

    7 in South Shore

    $55K - $480K Price Range

    Portia Hawkins
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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 None Listed On Document
-- None Available
$262,500 Ticor Title
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 $430,000
Previous Owner $249,350
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
09/16/2024 09/16/24 For Rent $1,225 0.0% --
07/06/2023 07/06/23 Sold $430,000 -14.0% --
04/13/2023 04/13/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $499,900 -- --
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 $3,183 $25,154 $2,475 $22,679
2024 $3,183 $25,154 $2,475 $22,679
2023 $3,092 $15,031 $4,125 $10,906
2022 $3,092 $15,031 $4,125 $10,906
2021 $3,355 $16,683 $4,125 $12,558
2020 $3,386 $15,198 $2,970 $12,228
2019 $3,569 $17,765 $2,970 $14,795
2018 $3,509 $17,765 $2,970 $14,795
2017 $3,814 $17,718 $2,640 $15,078
2016 $3,549 $17,718 $2,640 $15,078
2015 $3,723 $20,318 $2,640 $17,678
2014 $3,343 $18,020 $2,310 $15,710
2013 $3,277 $18,020 $2,310 $15,710
Source: Public Records

Agents Affiliated with this Home

  • Gloria Simpson Real Estate Agent - Hunter's Realty, Inc.

    Seller's Agent in 2023

    Gloria Simpson

    Hunter's Realty, Inc.

    (708) 372-3789

    1 in this area

    22 Total Sales

    Gloria Simpson
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11747679

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60649 South Shore

7748 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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