Chicago, IL 60649 6812 S Cornell Avenue

$640,000

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Presented By: @properties Christie's International Real Estate
  • MLS# 12138614
  • 08/20/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 17
  • SQFT • 8,784

Home Details

Six Unit building located in Jackson Park Highlands! Steps to the Jackson Park Golf Course, Obama Presidential Center, and centrally located to South Shore Drive for easy access to Downtown. Building consists of 5- 3 bedroom 1 bath units and 1- 2 bedroom 1 bath unit. First floor units have potential to duplex down, or finish huge expansive basement for additional income. Each unit has gas forced air heat and water heater. Updated 100amp electric for each unit. Four of six are occupied w/ MTM leases, two are vacant. Two separate brick garages with space for an additional vehicle in rear. Coin laundry in basement. This is a great investment, with great potential for long term residual income! Property being SOLD AS IS. Notice required.
Presented By: @properties Christie's International Real Estate

Interior Features for 6812 S Cornell Avenue

Other Interior Features

BasementUnfinished

General for 6812 S Cornell Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingNone
CountyCook
Days on Market5
Directions67th Street to Cornell (1650 East), South to building
ElectricCircuit Breakers
Electric Expense600
Fuel Expense1260
Gross Income6100
Insurance Expense10000
Lot Size Square Feet7500
MLS AreaCHI - South Shore
MaintenanceExpense3500
Net Operating Income49920
NumberOfUnitsTotal6
Operating Expense26287
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount8682
Tax Year2023
Tenant PaysElectricity, Heat
TownshipHyde Park
Trash Expense3210
Water Sewer Expense1930
Year Built1918
ZoningMULTI

Exterior for 6812 S Cornell Avenue

Building Area Total8784
ExteriorBrick
Foundation DetailsBlock, Brick/Mortar
Frontage TypeCity Street
Lot Dimensions7500

Additional Details

Price History

Worth Clark

Price $640,000
MLS#12138614
List Date 08/20/2024
Property Type Contingent
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