NOT LISTED FOR SALE

8235 S Cornell Ave Chicago, IL 60617

Calumet Heights Neighborhood

Estimated Value: $280,000 - $474,091

6 Beds
4 Baths
1,840 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $430,000 $234 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,046/month

11 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Intercom
  • Multiple Water Heaters
  • Soaking Tub
  • Forced Air Heating System

About This Home

As of August 2022

This is not your average cookie cutter renovation! You will have to see it to believe it. Fully renovated custom finished 3,522 sq ft two-flat multiple-unit building located in the booming Avalon Park neighborhood. Everything is brand new including the water service line to the street. First-floor unit is a three-bedroom, two-bath duplex down with upgraded features like a custom-built fireplace, wood-wall cladding, main floor bedroom and bath, tiled basement with luxury vinyl plank flooring in all bedrooms. Top floor is a three-bedroom, two-bath duplex up unit that begs to entertain! Amaze your guests with the modern wine room located right off the open floor concept kitchen/living room area. Top floor laundry hook-up for household convenience. In addition, a spacious balcony attached off the kitchen overlooking this property's oversized double lot! This listing offers everything a smart investor/owner-occupied buyer is looking for and MORE! Check out the 3D tour and book your showing today. This property will not last long! (Showing begin Monday, June 20, 2022)

Last Agent to Sell the Property

Kellye Jackson

Redfin Corporation License #475183372 Listed on: 06/16/2022

Redfin Corporation

Last Buyer's Agent

Danica Matos

Smart Home Realty License #475170672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,174

Year Built

  • Built in 1890 | Remodeled in 2022

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2.5 Car Detached Garage
  • Parking Included in Price

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Multiple Water Heaters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,174

Year Built

Built in 1890 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: Intercom, Multiple Water Heaters
  • Basement Description: Finished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Dishwasher,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Dishwasher,Fireplace-Artificial,Garage/Space,Laundry Hook-Up,Range Hood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3174.43
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 13, 2020
Sold by
Chondrite Reo Llc
Bought by
Ow2 Construction Group Llc
Seller's Agent
Shannon Welch
A Progeny Global LLC
Buyer's Agent
Keisha Wheaten
Golden Key Realty Group LLC
List Price
$75,000
Sold Price
$78,000
Premium/Discount to List
$3,000
4%
Current Estimated Value
$334,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,023
Avg. Annual Appreciation
30.40%
Original Mortgage
$187,468
Interest Rate
1.1%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 7, 2019
Sold by
Turner Parker
Bought by
Chondrite Reo Llc

Purchase Details

Closed on
Jul 2, 2016
Sold by
Lewis Georgia
Bought by
Promiseland 7 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ow2 Construction Group Llc $78,000 Lakeland Title Services
Chondrite Reo Llc -- Attorney
Promiseland 7 Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ow2 Construction Group Llc $187,468
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2022 08/05/22 Sold $430,000 +6.2% $234 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $405,000 +419.2% $220 / Sq Ft
07/15/2020 07/15/20 Sold $78,000 +4.0% $42 / Sq Ft View Prior Sale
06/07/2020 06/07/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $75,000 -- $41 / 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
2025 $3,798 $23,801 $4,688 $19,113
2024 $3,798 $23,801 $4,688 $19,113
2023 $3,702 $18,001 $7,813 $10,188
2022 $3,702 $18,001 $7,813 $10,188
2021 $3,619 $17,999 $7,812 $10,187
2020 $3,174 $14,250 $5,625 $8,625
2019 $3,181 $15,834 $5,625 $10,209
2018 $3,128 $15,834 $5,625 $10,209
2017 $3,323 $15,436 $5,000 $10,436
2016 $1,210 $6,043 $5,000 $1,043
2015 $2,829 $15,436 $5,000 $10,436
2014 $2,846 $15,339 $4,375 $10,964
2013 $2,790 $15,339 $4,375 $10,964
Source: Public Records

Agents Affiliated with this Home

  • Danica Matos

    Buyer's Agent in 2022

    Danica Matos

    Smart Home Realty

    (312) 971-7957

    1 in this area

    72 Total Sales

    Danica Matos
    Section Image
  • Shannon Welch

    Seller's Agent in 2020

    Shannon Welch

    A Progeny Global LLC

    (773) 507-3169

    108 Total Sales

    Shannon Welch
    Section Image

  • K

    Buyer's Agent in 2020

    Keisha Wheaten

    Golden Key Realty Group LLC

    (773) 310-1399

    1 in this area

    40 Total Sales

    Keisha Wheaten
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11431197

Midwest Real Estate Data (MRED)

APN: 20-36-119-008-0000

Illinois Cook County Chicago 60617 Calumet Heights

8235 S Cornell Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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