Date
Details
Price
Change
Source
4/29/2026
Listed
$349,000
—
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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$349,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 7823 S Cornell Ave
General
- Price: $349,000
- Taxes: $5,112 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12611568
- Updated: 4/29/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 9
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: West on 78th Street & South on Cornell Ave
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1924
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4881
Financial Considerations
- Assessment Year: 1924
- Tax Amount: $5,112.91
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20253250060000
Buyer's Brokerage Compensation: 2%
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 7823 S Cornell Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mann Elementary School 8050 South Chappel Avenue, Chicago, IL 60617 | PK-8 | 0.5 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 0.5 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7823 S Cornell Ave
Tax History
Tax History for 7823 S Cornell Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,395
4%
$22,000
—
2022
$3,259
-26%
$22,000
—
2021
$4,424
20%
$22,000
33%
2020
$3,673
46%
$16,486
-12%
2019
$2,524
201%
$18,735
—
2018
$839
-81%
$18,735
-9%
2017
$4,454
239%
$20,692
—
2016
$1,312
-56%
$20,692
—
2015
$2,968
-20%
$20,692
3%
2014
$3,716
2%
$20,027
—
2013
$3,642
1%
$20,027
—
2012
$3,594
—
$20,027
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7823 S Cornell Ave
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 1,896Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,800Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,151Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 958Sq. Ft.
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7823 S Cornell Avenue, Chicago, IL 60649 (MLS# 12611568) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 7823 S Cornell Avenue is currently listed for $349,000 and was received on April 29, 2026. This property is listed by Asya Muhammad from our Hyde Park Office.Want to learn more about 7823 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.