Gut-Renovated Six-Unit
For Sale
$525,000
7147 S Cornell Ave, Chicago, IL 60649
Meticulously rehabbed six-unit building with updated kitchens, baths, and individually heated units for steady rental income potential.
Days on Market59
Property Features for 7147 S Cornell Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
6
Building Details
Tenancy
Multi
Listing Agency:
(630) 209-3622
Listed By:
Noah Birk · License #ILLINOIS #475125864
(630) 209-3622
Source:
Kisergroup
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 30 at 4:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Noah Birk
Investment Insights
Based on property information with market context.
Kiser Group is pleased to offer for purchase 7147 S. Cornell, a meticulously maintained, gut rehabbed, center-entranced six-unit walk-up. The building features six spacious 2-bedroom, 1-bath units, each updated with refreshed kitchens and baths. Units are individually furnished with an individually furnaced setup, supported by 100% copper plumbing throughout the property.
The property is located just outside Jackson Park in Chicago’s South Shore neighborhood, on a beautifully tree-lined street nestled among residential homes and brick bungalows. It is approximately one block from the 71st/Stony Island intersection, giving tenants multiple transportation options to and from downtown.
This configuration can appeal to investors and operators looking for a compact multifamily asset with strong unit mix and recent interior upgrades. With a center-entranced layout and individually heated units, the property is well positioned for tenant-friendly comfort while keeping maintenance straightforward for ownership.
The property is located just outside Jackson Park in Chicago’s South Shore neighborhood, on a beautifully tree-lined street nestled among residential homes and brick bungalows. It is approximately one block from the 71st/Stony Island intersection, giving tenants multiple transportation options to and from downtown.
This configuration can appeal to investors and operators looking for a compact multifamily asset with strong unit mix and recent interior upgrades. With a center-entranced layout and individually heated units, the property is well positioned for tenant-friendly comfort while keeping maintenance straightforward for ownership.
Key Highlights
- Gut rehabbed, center‑entranced 6‑unit walk‑up building at 7147 S. Cornell
- All units are 2 bed / 1 bath with updated kitchens and updated baths
- Individually furnaced units (each unit has its own heating)
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,337
Businesses Nearby
Explore this area
Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Meticulously rehabbed six-unit building with updated kitchens, baths, and individually heated units for steady rental income potential.
Where is this apartment building located?
The property is located at 7147 S Cornell Ave Chicago, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Gut rehabbed, center‑entranced 6‑unit walk‑up building at 7147 S. Cornell; All units are 2 bed / 1 bath with updated kitchens and updated baths; Individually furnaced units (each unit has its own heating)
