7823 S Cornell Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $2,278/month
About This Home
Welcome to 7823 S Cornell, a classic Chicago brick 3-unit building full of potential and ready for your vision. Each oversized unit offers 3 bedrooms and 1 bathroom, providing a highly desirable layout for both owner-occupants and investors seeking strong rental income. This solid brick property features beautiful architectural character and a strong structural foundation-making it the perfect candidate for a full renovation. The unfinished basement offers additional value-add potential for storage or future expansion. A detached brick garage is also included, presenting another opportunity to restore and maximize functionality. Whether you're looking to house hack, renovate and rent, or add a high-performing asset to your portfolio, this property delivers the space and layout investors love. Sold AS-IS. Bring your contractor and unlock the full potential of this South Shore gem.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,113
Year Built
- Built in 1924
Parking
- 1 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,395 | $31,300 | $2,430 | $28,870 |
| 2024 | $3,395 | $31,300 | $2,430 | $28,870 |
| 2023 | $3,259 | $22,000 | $4,050 | $17,950 |
| 2022 | $3,259 | $22,000 | $4,050 | $17,950 |
| 2021 | $4,424 | $22,000 | $4,050 | $17,950 |
| 2020 | $3,673 | $16,486 | $2,916 | $13,570 |
| 2019 | $2,524 | $18,735 | $2,916 | $15,819 |
| 2018 | $839 | $18,735 | $2,916 | $15,819 |
| 2017 | $4,454 | $20,692 | $2,592 | $18,100 |
| 2016 | $1,312 | $20,692 | $2,592 | $18,100 |
| 2015 | $2,968 | $20,692 | $2,592 | $18,100 |
| 2014 | $3,716 | $20,027 | $2,268 | $17,759 |
| 2013 | $3,642 | $20,027 | $2,268 | $17,759 |
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 |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | Pending | -- | -- | -- |
| 04/29/2026 04/29/26 | For Sale | $349,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12611568
APN: 20253250060000
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
- 7813 S East End Ave
- 7829 S Cornell Ave
- 7716 S East End Ave
- 7806 S Cregier Ave
- 7712 S Ridgeland Ave
- 7703 S East End Ave
- 1758 E 79th St
- 7707 S Ridgeland Ave
- 7931 S East End Ave
- 7644 S Cornell Ave
- 7639 S Cornell Ave
- 7842 S Constance Ave
- 7916 S Constance Ave
- 7651 S Cregier Ave
- 7955 S Ridgeland Ave
- 1835 E 79th St
- 7611 S Ridgeland Ave
- 7718 S Bennett Ave
- 7918 S Anthony Ave
- 7819 S Bennett Ave
Ask me questions while you tour the home.