Pending

$349,000

7823 S Cornell Ave, Chicago, IL 60649

9beds

--sqft

$2,769/mo

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Multi Family

Built in 1924

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Beautiful architectural characterDetached brick garageOversized unit

Welcome to 7823 S Cornell, a classic Chicago brick 3-unit building full of potential and ready for your vision. Each oversized unit offers 3 bedrooms and 1 bathroom, providing a highly desirable layout for both owner-occupants and investors seeking strong rental income. This solid brick property features beautiful architectural character and a strong structural foundation-making it the perfect candidate for a full renovation. The unfinished basement offers additional value-add potential for storage or future expansion. A detached brick garage is also included, presenting another opportunity to restore and maximize functionality. Whether you're looking to house hack, renovate and rent, or add a high-performing asset to your portfolio, this property delivers the space and layout investors love. Sold AS-IS. Bring your contractor and unlock the full potential of this South Shore gem.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 4

Heating

Natural Gas

Features

Basement: Unfinished,Full

Property

Parking

Total spaces: 2
Parking features: Yes, Detached, Garage
Garage spaces: 1

Lot

Size: 4,881 Square Feet

Details

Parcel number: 20253250060000
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

New construction: No
Year built: 1924

Utilities & green energy

Sewer: Public Sewer
Water: Lake Michigan, Public

Community & HOA

Location

Region: Chicago

Financial & listing details

Tax assessed value: $313,000
Annual tax amount: $5,112
Date on market: 4/29/2026
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2024	$5,113 +50.6%	$31,300 +42.3%
2023	$3,395 +4.2%	$22,000
2022	$3,259 -26.3%	$22,000
2021	$4,424 +20.5%	$22,000 +33.4%
2020	$3,673 +45.5%	$16,486 -12%
2019	$2,524 +200.8%	$18,735
2018	$839 -81.2%	$18,735 -9.5%
2017	$4,454 +239.5%	$20,692
2016	$1,312 -55.8%	$20,692
2015	$2,968 -20.1%	$20,692 +3.3%
2014	$3,716 +2%	$20,027
2013	$3,642 +1.4%	$20,027
2012	$3,594 -12.7%	$20,027 -21.1%
2011	$4,115 -0.4%	$25,397
2010	$4,133 +45%	$25,397
2009	$2,850 -13.9%	$25,397 -18.4%
2008	$3,310 +203.2%	$31,133
2007	$1,092 -53.3%	$31,133
2006	$2,338 -5.8%	$31,133 +39.7%
2005	$2,481 +2.4%	$22,285
2004	$2,423 -3.1%	$22,285
2003	$2,500 -15.8%	$22,285 +34.8%
2002	$2,970 +18.2%	$16,532
2001	$2,512 +13.8%	$16,532
2000	$2,208 -0.1%	$16,532 +22.5%
1999	$2,210	$13,492

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: South Shore

Getting around

76 / 100

Very Walkable

68 / 100

Bikeable

Nearby schools

GreatSchools rating

5/10
Mann Elementary School
Grades: PK-8Distance: 0.5 mi
4/10
South Shore Intl Col Prep High School
Grades: 9-12Distance: 0.5 mi
1/10
Chicago Vocational Career Academy High School
Grades: 9-12Distance: 1.2 mi

Schools provided by the listing agent

District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.