7017 S Cornell Avenue, Chicago, IL 60649 - Photo 1

1/1

$11,000

Sold
Closed
Lots/Land
0.09 Acres

1/1

Property Description

ARV for the lot is 450K!!!! Seize the chance to invest in this prime vacant lot in the thriving South Shore neighborhood! Zoned RT-4, the property is perfect for residential development, including two flats, townhouses, low-density apartment buildings, and single-family homes. Located near the Obama Presidential Library Site, this area is poised for incredible growth and offers easy access to downtown and Lake Shore Drive. Don't miss the opportunity to be part of the vibrant transformation in South Shore-this is a developer's dream! Act now and make your mark in this exciting emerging community!

Full Property Details

Full Property Details for 7017 S Cornell Ave

General

Sold For: $11,000
Taxes: $776 (2023)
Status: Closed
Type: Lots/Land
Source: MRED
MLS ID: 12348566
Added to Site: 262 day(s) ago

Additional Information

Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Location

Area: CHI - South Shore
County: Cook
Driving Directions: From Stony Island & 71st St, East to Cornell, North to 7017.

School Information

School District: 299
Midd School District: 299

Utilities

Water: Municipal Water
Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available

Structural Information

Square Feet: 0.09

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 4,075
Lot Size Range: Less than .25 Acre
Lot Dimensions: 25 x 163 x 25 x 163
Frontage: City Street
Frontage Feet: 25
Street/Road Desc.: Asphalt
Zoning: MULTI

Financial Considerations

Tax Amount: $776
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 20243240060000

Listed by Keller Williams ONEChicago
Sold by Compass

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— 7017 S Cornell Ave —

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Schools

Schools serving 7017 S Cornell Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Parkside Elementary Community Academy 6938 South East End Avenue, Chicago, IL 60649	PK-8	0.1 mi
Hyde Park Academy High School 6220 South Stony Island Avenue, Chicago, IL 60637	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7017 S Cornell Ave

Date

Details

Price

Change

Source

11/21/2025

Sold

$11,000

-26.67%

MLS

10/15/2025

Price Reduced

$15,000

-40%

MLS

8/25/2025

Price Reduced

$24,999

-13.79%

MLS

8/04/2025

Price Reduced

$28,999

—

MLS

6/13/2025

Price Reduced

$29,000

-25.64%

MLS

5/20/2025

Price Reduced

$39,000

-13.33%

MLS

4/28/2025

Listed

$45,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7017 S Cornell Avenue, Chicago, IL 60649 (MLS# 12348566) is a Lots/Land property that was sold at $11,000 on November 21, 2025. Want to learn more about 7017 S Cornell Avenue? Do you have questions about finding other Lots/Land real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

7017 S Cornell Ave Chicago, IL 60649