Chicago, IL 60649,6843 S Cornell AVE
Chicago, IL 60649,6843 S Cornell AVE
Chicago, IL 60649,6843 S Cornell AVE
Chicago, IL 60649,6843 S Cornell AVE
Chicago, IL 60649,6843 S Cornell AVE
Chicago, IL 60649,6843 S Cornell AVE
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$ 530,000
Est. payment | /mo

6 Beds

3 Baths


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$ 530,000
Est. payment | /mo
Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12460725

Bedrooms 6

Year Built 1910

Annual Tax Amount $5,139

Tax Year 2023

Lot Dimensions 30X125

Property Sub-Type Two to Four Units

Property Description

Looking to become a homeowner and an investor at the same time? This classic brick three-flat in Chicago's red-hot South Shore neighborhood is your chance to live for less while your investment grows. Live and Invest in a Prime South Shore Location. Just steps from the beautiful Jackson Park Golf Course, the harbor, and the lakefront, this property puts you right in the heart of everything. Enjoy easy access to the future Obama Presidential Center, Metra Electric trains for a quick commute, and plenty of local shops and restaurants along 71st street and in nearby Hyde Park. Each of the three apartments are spacious 2-bedroom, 1-bathroom units with large rooms, providing a comfortable and affordable living experience. The property is investor-owned and has been updated with modern amenities, including modern kitchens, HVAC, central AC, and convenient in-unit laundry in each apartment. Why buy a condo? Live in one unit and use the strong rental income from the other two to significantly reduce or remove your housing cost. You'll build equity quickly as you benefit from the appreciation potential of this well-located building. A brick garage is also included, adding extra value. Don't miss this opportunity to buy a home, collect rental income, and build wealth in one of Chicago's most dynamic neighborhoods.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Rooms

Basement Unfinished, None, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Wayne Beals of  Exit Strategy Realty / EMA Management 
Legacy Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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6843 S Cornell AVE