Check Availability
Chicago 60649 South Shore
7011 S Cornell Avenue
$179,900
↓ $10K (5.3%)
House - For Sale

7011 S Cornell Avenue

Chicago, IL 60649
bedrooms
1 Bed
bathrooms
3 Baths
square feet
2712 Sqft
$962
Estimated Monthly
$0
HOA / Fees
5.81%
Cap Rate

About This Property

Unique, compelling opportunity. In the heart of South Shore. Walking distance to the highly anticipated Obama library, 63rd street beach, Jackson Park golf course, "New construction". All HVAC, plumbing, electrical, has been roughed and completed. All you have to do is drywall and the cosmetics. Concrete new, foundation new, porches new, garage new, furnaces  new, A/C's new. What more can you ask for! Avoid the high prices of material.  Wonderful for a quick flip or build generational wealth, long term as a luxury homeowner, or let this be a cash cow as a rental or Airbnb. Area is gentrifying at a rapid pace. Approved Architect plans included. Future upside/ possibilities are endless. Sold "as is"  Request your showing today.

The manager has listed the unit size as 2712 square feet.
Unit Size
2,712Ft²
Days on Market
43 days
Land Size
-
Price per sqft
$66
Property Type
House
Property Taxes
$78
HOA Dues
-
Year Built
1892

Listed By

Last updated: 9 hours ago (MREDIL #12010021)

Price History

Date / Event Date Event Price
May 8, 2024 Price Decreased $179,900
↓ $10K (5.3%)
Price Decreased
Apr 18, 2024 Price Decreased $189,900
↓ $10K (5%)
Price Decreased
Apr 6, 2024 Price Decreased $199,900
↓ $40K (16.7%)
Price Decreased
Apr 3, 2024 Price Decreased $239,900
↓ $30K (11.1%)
Price Decreased
Mar 26, 2024 Listed by Berg Properties $269,900
Listed by Berg Properties
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1892
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,075
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,367
  • Gross Building Area: 1,367
  • Building Area: 1,367
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,367
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 3RD PRINCIPAL MERIDIAN
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N1/2 L22 B2 S1/2 SW1/4 SW1/4 S24 T 38N R14E

Ownership

  • Current Owner : CHICAGO TITLE LAND TR NUMBER 8002371239
  • Previous Owner : CHICAGO OPPORTUNITY PROPERTIES LLC
  • Owner Before Previous Owner: CHICAGO OPPORTUNITY 5 LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 430200

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-24-324-004-0000
  • Block: 2
  • Lot: 22
  • Meridian: SEC 24 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7675
  • Longitude: -87.5839

    Address

  • Full Address: 7011 S Cornell Ave
  • Address - House Number: 7011
  • Street Direction: S
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C020
  • 4-Digit Zip Code: 1907
  • Zip Code: 60649

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,748
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.1024
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 90
  • Final Value: 145,458
  • High Value: 160,367
  • Low Value: 130,549

    Market Valuation

  • Market Total Value: $85,000
  • Market Land Value: $50,940
  • Market Improvement Value: $34,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,500
  • Assessed Land Value: $5,094
  • Assessed Improvements Value: $3,406

    Sales

  • Current Sale Contract Date: Sep 03, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11793746274
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029206164
  • Previous Sale Recording Date: Oct 23, 2018
  • Previous Sale Contract Date: Apr 17, 2018
  • Previous Sale Amount: $252,000
  • Previous Sale Document Type: Special Warranty Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2.5 Baths
1,473 ft²
$190/ft²
$279,900 Mar 21, 2024
-
$137/mo
House
3 Beds
2 Baths
1,880 ft²
$168/ft²
$315,000 Mar 15, 2024
-
$184/mo
House
4 Beds
2 Baths
2,000 ft²
$110/ft²
$220,000 Mar 1, 2024
-
$999/mo
House
3 Beds
2.5 Baths
1,420 ft²
$158/ft²
$224,999 Mar 26, 2024
-
$184/mo
House
3 Beds
2 Baths
1,100 ft²
$235/ft²
$259,000 Feb 27, 2024
-
$97/mo
Multifamily
5 Beds
-
-
$299,000 Mar 5, 2024
-
$218/mo
Multifamily
4 Beds
-
-
$255,000 Oct 6, 2023
-
$163/mo
Multifamily
5 Beds
-
-
$265,000 Mar 7, 2024
-
$101/mo
Multifamily
4 Beds
-
-
$289,999 Feb 2, 2024
-
$216/mo
Multifamily
6 Beds
-
-
$298,000 Nov 27, 2023
-
$189/mo
Multifamily
8 Beds
-
-
$300,000 Sep 23, 2023
-
$166/mo
Multifamily
6 Beds
-
-
$222,999 Feb 2, 2024
-
$330/mo

About Far South Chicago


Similar Homes for Sale

Unit for sale at 1346 East 73rd Street, Chicago, IL 60619

$300,000

  • 8 Beds
1346 East 73rd Street, Chicago, IL 60619 Listing by Tangela Jones
Unit for sale at 7204 South Cornell Avenue, Chicago, IL 60649

$289,999

  • 4 Beds
7204 South Cornell Avenue, Chicago, IL 60649 Listing by Nicolette Bridgeforth
Unit for sale at 6819 South Dorchester Avenue, Chicago, IL 60637

$299,000

  • 5 Beds
6819 South Dorchester Avenue, Chicago, IL 60637 Listing by Carlyn Jackson

Nearby Rentals

Unit for rent at 1519 E 71st Place, Chicago, IL, 60619

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
1519 E 71st Place #3, Chicago, IL, 60619 Listing by Brande Guilmette-Hampton
Unit for rent at 2215 E 69th Street, Chicago, IL, 60649

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,250 ft²
2215 E 69th Street #3, Chicago, IL, 60649 Listing by Brett Murphy
Unit for rent at 6909 S Paxton Avenue, Chicago, IL, 60649

$1,375 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
6909 S Paxton Avenue #2, Chicago, IL, 60649 Listing by Brett Murphy


Frequently Asked Questions

When was property at 7011 South Cornell Avenue built and last sold?
The property at 7011 South Cornell Avenue was built in 1892 and last sold on Sep 3, 2020 for $65,000.
How much is this home worth?
The estimated value of the home located at 7011 South Cornell Avenue is $250,716.
What are some comparable homes to 7011 South Cornell Avenue?
Homes that are comparable to 7011 South Cornell Avenue include a house property at 7356 South Kenwood Avenue, 1518 East 73rd Place, 6900 South Oglesby Avenue.

Quantcast