7150-52 S Cornell Avenue, Chicago, IL 60649
Description
Exclusively engaged to present for sale 7150-52 S. Cornell Ave. Located in Chicago’s historic South Shore neighborhood, the subject property contains 12 apartment units featuring (6) Studios and (6) 1 BD/1 BA unit layouts. The units feature spacious layouts and have been been renovated with updated kitchens and baths. There are gas forced air furnaces in every unit. Current ownership has pridefully maintained the building and made significant Cap-Ex upgrades including a new tear off roof and hot water tank in 2022. The property also features upgraded electric service. A qualified investor has the opportunity to acquire a turn key, well managed, stabilized asset in one of Chicago’s fastest appreciating submarkets with the ability to continue to increase rents to the top of the market upon tenant turnover. There is also infrastructure in place for the buildout of (2) additional garden apartments.
- Listing Courtesy of: Flats, LLC
Details
Updated on June 27, 2026 at 10:13 pm-
Property ID MRD12589249
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Price $825,000
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Year Built 1926
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Property Type Multi Family
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Property Status Active
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Parcel Number 20251000260000
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MLS Status Active
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Days On Market 108
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Cumulative Days On Market 46
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Tax Annual Amount 15558
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Cooling None
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Directions 7150-52 S. Cornell Ave. MAJOR INTERSECTION 71st & Cornell Ave.
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StoriesTotal 3
Address
Open on Google Maps- Address 7150-52 S Cornell Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60649
- Country United States
Overview
- Multi Family
- 1926
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