7823 S Cornell Avenue Chicago, IL ^$ 349,000

7823 S Cornell Avenue

^$ 349,000

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7823 S Cornell Avenue

Chicago, IL, 60649

^$ 349,000

Bedrooms9 Baths3.0

Monthly Estimate*

^$ 2,149

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Multi-Family Home for sale in Chicago, IL

for $349,000 with 9 bedrooms and 3 full baths. This home was built in 1924.

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.

Multi-Family Active

Price

^$ 349,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,112

Style

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12611568

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 1

Construction Materials Brick

Year Built 1924

Township Hyde Park

Tax Year 2024

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 21

Status New

Directions West on 78th Street & South on Cornell Ave

City Chicago

High School District 299

MLS Area CHI - South Shore

Tax Annual Amount 5112.91

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full

Total Bedrooms 9

Total Baths 3

Bedrooms Possible 9

Full Baths Building 3

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Yes Detached Garage

Water Source Lake Michigan Public

Total Parking 2

Lot Dimensions 4881

Waterfront Y/N N

* Excluded Features

List By

Coldwell Banker Realty

Broker

asya.muhammad@cbrealty.com

Affordability Calculator

$2,575

Per Month

Monthly Principal & Interest: $2,149
Monthly Property Taxes: $426
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$626,854

Percent of Sale Price 80%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/29/2026	$349,000		Listed Price

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7823 S Cornell Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $349,000. 7823 S Cornell Avenue has 9 bedrooms, 3.0 baths, and was built in 1924. The property's zip code is 60649 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/30/2026.

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7823 S Cornell Avenue

Multi-Family Home for sale in Chicago, IL

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