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Brick Triplex with Sunrooms
For Sale
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7731 S Cornell Avenue, Chicago, IL 60649

Three-unit residential income property with two-bedroom apartments, hardwood floors, and updated major building components.

Property SizeContact for details
Days on Market197

Property Features for 7731 S Cornell Avenue

General Information

Standard status Active
Property subtype Multifamily

Units

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

Building Details

Year Built 1923
Buildings 1
Construction brick
Listing Agency: Keller Williams Preferred Realty Orland Park
Listed By: LaDenna Washington · License #IL 475199963
Source: Crexi
Added: Feb 17 Changed: Aug 31 Last Checked: Aug 30 at 4:03AM

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 Keller Williams Preferred Realty Orland Park

Investment Insights

Based on property information with market context.

Constructed in 1923, this brick triplex contains three residential units. Each apartment includes two bedrooms, one bathroom, and a sunroom, along with hardwood flooring and separate living and dining areas. The building has received updates to major components, supporting continued residential use while preserving its original character.

The property is located at 7731 S Cornell Avenue in Chicago’s South Shore community. It is offered for sale in as-is condition and may accommodate either an investment or owner-occupant ownership strategy, as supported by the three-unit configuration.

Key Highlights

  • Three‑unit brick residential building constructed in 1923
  • Each apartment offers 2 bedrooms, 1 bathroom, and a sunroom
  • Hardwood floors in every unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Cafe & Coffee Shop Kitchen & Bath Showroom Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,051
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential income property with two-bedroom apartments, hardwood floors, and updated major building components.
Where is this triplex located?
The property is located at 7731 S Cornell Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Three‑unit brick residential building constructed in 1923; Each apartment offers 2 bedrooms, 1 bathroom, and a sunroom; Hardwood floors in every unit
More about this property
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