6816 S Cornell Avenue Chicago, IL 60649

Building Details

Year Built

1916

Listing office COLDWELL BANKER REALTY a***@cbrealty.com Show Phone

Listing date Jul 11, 2026

Source Corcoran

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Investment Insights

Based on property information with market context.

This well-maintained seven-unit multifamily building offers a clear, tenant-friendly mix of apartments. The property includes six spacious three-bedroom, one-bath units and one one-bedroom, one-bath unit. Current occupancy includes approximately half of the units under subsidized rental programs, with the remaining units operating as market-rate rentals.

Located at 6816 S Cornell Avenue in Chicago, the building is positioned less than one mile from the New Obama Center, the South Shore Cultural Center, and nearby public transportation. Additional area amenities listed in the remarks include shopping, restaurants, and parks.

From a practical configuration standpoint, the unit mix supports ongoing leasing activity with both larger three-bedroom apartments and a smaller one-bedroom option within the same property. The current structure provides a baseline of occupied units while leaving market-rate units available for continued performance over time.

Key Highlights

• Seven‑unit multifamily building built in 1916, currently with occupied rentals
• Unit mix includes six 3‑bedroom, 1‑bath apartments plus one 1‑bedroom, 1‑bath unit
• Approximately half the units are occupied under subsidized rental programs

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FAQs

What type of property is this?

Apartment building - Well-maintained seven-unit building with six three-bedroom units plus one one-bedroom unit and current occupied rentals.

Where is this apartment building located?

The property is located at 6816 S Cornell Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Seven‑unit multifamily building built in 1916, currently with occupied rentals; Unit mix includes six 3‑bedroom, 1‑bath apartments plus one 1‑bedroom, 1‑bath unit; Approximately half the units are occupied under subsidized rental programs