ClosedPrice Reduced

$405,000

$425,000
7204 CORNELL Avenue, Chicago, IL 60649
4 Beds2 Baths59 days
7204 CORNELL Avenue·Chicago, IL 60649
4Bedrooms
2Bathrooms
1924Year Built
About This Home

Situated in the Historic South Shore Neighborhood of Chicago, this two-flat multi-unit building is located on a tranquil block. The property features an excellent location in proximity to various shopping venues, grocery stores, dining establishments, and is just minutes away from the Barack Obama Presidential Library and South Shore Country Club. This makes it an appealing option within a vibrant and growing community. Each unit includes two bedrooms and a full bathroom. Recently fully renovated in 2024, this property is currently leased and generating income. For investors seeking to start or expand their portfolio, this asset represents a significant opportunity. Additionally, there is potential for the development of a garden unit, as the property is equipped with three separate meters.

MLS# 12333672Listed April 14, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms12

Size & Structure

Garage Spaces2
Year Built1924
Lot Size3,663 SQFT

Location

CountyCook
TownshipHyde Park
Zip Code60649

Financial

List Price$405,000
Original Price$425,000
Annual Taxes (2023)$2,665
Monthly Tax Est.$222
Parcel #20251120150000
Interior Features

Heating

Radiator(s)

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteDetachedGarage
Tax & Financial
Annual Taxes
$2,665
Tax Year 2023
Monthly Tax Est.
$222
per month
Price Reduced by $20,000
Original list price: $425,000
Property Location

7204 CORNELL Avenue, Chicago, IL 60649Cook County

$405,000
7204 CORNELL Avenue
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
59 days on market
2-car garage
3,663 SQFT
$2,665/yr taxes
Price reduced $20,000
$2,351
estimated monthly payment
Principal & Interest
$2,128/mo
Property Tax
$222/mo
$405,000
20% — $81,000
3%50%
6.875%
3%12%
Loan Amount
$324,000
Down Payment
$81,000

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

Listed by
Compass
Agent: Stephon Walker-Purnell
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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