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Updated Triplex with Garage

7644 S Cornell Avenue, Chicago, IL 60649

For Sale
$456,500

Three two-bedroom residences feature in-unit laundry, refreshed interiors, and a detached two-car garage.

Property SizeContact for details
Days on Market9

Property Features for 7644 S Cornell Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Two to Four Units

Property Condition

Severity Repairs Needed
Evidence I would say that $13,500.00 in repairs may be needed.

Site & Location

Neighborhood South Shore

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Additional Details

Gross Income $36,660
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,235

Amenities

in-unit laundry
Finished,Full
3
6
2
Lake Michigan
25x100
0.08
No
Yes,Detached,Garage

Building Details

Year Built 1922
Listing Agency:
Listed By: Thomas Quigley
Source: Michanarealestatesolutions
Added: Oct 30 Changed: Nov 3 Last Checked: Nov 6 at 9:03AM

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 Thomas Quigley

Rey
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Investment Insights

Based on property information with market context.

This Chicago triplex contains three units, each with two bedrooms and one bathroom. Renovation work completed two years ago included mechanical systems, kitchens, bathrooms, flooring, and electrical and plumbing updates. Hardwood flooring extends throughout, while the kitchens and bathrooms have porcelain or ceramic tile. Kitchen appliances were replaced one year ago, and each unit has in-unit laundry. The property also includes a detached brick garage with capacity for two cars.

The first- and second-floor apartments are occupied, while the garden unit is vacant. The roof is described as having six years of remaining life. The back porch and windows were not replaced, and the property is being sold as is.

Key Highlights

  • Three units, each with 2 bedrooms and 1 bathroom
  • Detached brick garage accommodates 2 cars
  • Renovation completed 2 years ago, including mechanical systems and interior finishes

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,115
Businesses Nearby

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
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Market

Properties on Market for Triplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three two-bedroom residences feature in-unit laundry, refreshed interiors, and a detached two-car garage.
Where is this triplex located?
The property is located at 7644 S Cornell Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $456,500.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; Detached brick garage accommodates 2 cars; Renovation completed 2 years ago, including mechanical systems and interior finishes
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