Closed

$399,000

7148 Cornell Avenue, Chicago, IL 60649
6 Beds5 Baths9 days
7148 Cornell Avenue·Chicago, IL 60649
6Bedrooms
5Bathrooms
About This Home

***SELLER SAYS SELL!!! TWO COMPLETELY SEPARATE UNITS*** Welcome to one of the most UNIQUE PROPERTIES in all of the highly sought SOUTH SHORE area. Whether you have a LARGE FAMILY or are the smart INVESTOR looking for that PERFECT portfolio ASSET, this is the place for you. This property possesses 2 completely REMODELED homes on one lot: The FRONT HOME has 3 bedrooms and 2.5 baths, REAR HOME has 3 bedrooms and 2 baths AND IS RENTED FOR MARKET RATE. Both feature NEW KITCHENS boasting CUSTOM CABINETS with QUARTZ COUNTERS and brand new STAINLESS APPLIANCES. All baths are rehabbed with ornate tile inlays. There are UPDATED electric, plumbing and HVAC systems as well as LAUNDRY IN EACH UNIT. The front home features a NEW ROOF. The rear home has a LARGE WOODEN DECK in front great for getting some outdoor time. This property is the PERFECT IN-LAW LIVING/EXTENDED FAMILY situation or INVESTMENT RENTALS that could garner ALMOST 2000 a month each leased(REAR HOME IS LEASED). Its location and set-up cater to an IDEAL AirBNB opportunity. METRA to HYDE PARK, McCormick Place, Museum Campus and downtown is a HALF BLOCK AWAY. The amazing Chicago LAKEFRONT, two golf courses and the new OBAMA LIBRARY are less than 2 miles. This can live like a single family with the "PERKS" of a two-flat. This IS what you've been looking for so set up your viewing today. VERY MOTIVATED SELLER SO BRING AN OFFER( Sold as/is)

MLS# 12223351Listed December 9, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms5
Total Rooms13

Size & Structure

Lot Size25X124

Location

CountyCook
TownshipHyde Park
Zip Code60649

Financial

List Price$399,000
Annual Taxes (2023)$3,285
Monthly Tax Est.$274
Parcel #20251000250000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$3,285
Tax Year 2023
Monthly Tax Est.
$274
per month
Property Location

7148 Cornell Avenue, Chicago, IL 60649Cook County

$399,000
7148 Cornell Avenue
6 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
9 days on market
25X124
$3,285/yr taxes
$2,371
estimated monthly payment
Principal & Interest
$2,097/mo
Property Tax
$274/mo
$399,000
20% — $79,800
3%50%
6.875%
3%12%
Loan Amount
$319,200
Down Payment
$79,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
EXIT Strategy Realty
Agent: Timothy Miller
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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