This Multifamily Property is no longer advertised on LoopNet.com.

7816 S Cornell Ave
Chicago, IL 60649
31 Units :: 4.66% Assumable Debt · Multifamily Property For Sale · 31 Units

Investment Highlights

  • Assumable Financing Option w/ 4.66% Interest Rate
  • Newly Renovated Kitchen & Baths
  • 10.60% In-Place Cap Rate
  • Newer Boiler, Windows, Roof & Electric
  • Thirty-One (31) 2Bd/1Ba Units

Property Facts

No. Units 31
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 29,640 SF
No. Stories 3
Year Built 1921
Zoning RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 31 - 800

Property Taxes

Property Taxes

Parcel Number
20-25-324-023-0000
Land Assessment
$17,700
Improvements Assessment
$167,748
Total Assessment
$185,448
  • Listing ID: 34977806

  • Date on Market: 2/28/2025

  • Last Updated:

  • Address: 7816 S Cornell Ave, Chicago, IL 60649

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