Properties

Features
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Address Map
US
IL
Cook
Chicago
60649
Cornell
7150-52
Avenue
W88° 22' 32.1''
N41° 52' 32''
7150-52 S. Cornell Ave. MAJOR INTERSECTION 71st & Cornell Ave.
CHI - South Shore
CHI - South Shore
S
S
Additional Information
25 X 100
12
12
3
Flats, LLC
Melissa Morgan
Financial
15558
Listing Information
43148
4135
MRED
Listing Information
Contingent
2026-09-22T22:10:03Z
2026-09-22T22:09:49Z
Property 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.

Commercial Sale For Sale

7150-52 S Cornell Avenue, Chicago, Illinois 60649

$825,000
Listing ID#12589249
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12589249
Price : $825,000
Year Built : 1926
Listing Status : Active Under Contract
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