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$375,000
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Property Description
Situated in the Historic South Shore Neighborhood of Chicago, this two-flat multi-unit building is located on a tranquil block. The property features an excellent location in proximity to various shopping venues, grocery stores, dining establishments, and is just minutes away from the Barack Obama Presidential Library and South Shore Country Club. This makes it an appealing option within a vibrant and growing community. Each unit includes two bedrooms and a full bathroom. Recently fully renovated in 2024, this property is currently leased and generating income. For investors seeking to start or expand their portfolio, this asset represents a significant opportunity. Additionally, there is potential for the development of a garden unit, as the property is equipped with three separate meters.
Full Property Details
Full Property Details for 7204 S Cornell Ave
General
- Sold For: $375,000
- Taxes: $2,665 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12333672
- Added to Site: 276 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: From Stony Island head to 72nd ST, Head east on E 72nd St toward S Cornell Ave, Head South on Cornell
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Radiator(s)
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full
- Year Built: 1924
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3, 663 SQFT
Financial Considerations
- Assessment Year: 1924
- Tax Amount: $2,665
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20251120150000
Listed by Compass
Sold by Real People Realty
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Schools
Schools serving 7204 S Cornell Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bouchet Elementary Math & Science Academy 7355 South Jeffery Boulevard, Chicago, IL 60649 | K-8 | 0.5 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.9 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 7204 S Cornell Ave
Date
Details
Price
Change
Source
8/01/2025
Sold
$375,000
-7.41%
MLS
4/24/2025
Price Reduced
$405,000
-4.71%
MLS
4/14/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7204 S Cornell Avenue, Chicago, IL 60649 (MLS# 12333672) is a Multi-Family property that was sold at $375,000 on August 01, 2025. Want to learn more about 7204 S Cornell Avenue? Do you have questions about finding other Multi-Family 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.

