Turnkey 7-Unit Investment Opportunity in South Shore. This solid income-producing asset features a strong unit mix of six spacious three-bedroom, one-bath apartments and one one-bedroom, one-bath unit-offering broad tenant appeal and consistent rental demand. Ideally located less than one mile from the new Obama Presidential Center, South Shore Cultural Center, public transportation, shopping, restaurants, parks, and other neighborhood amenities, the property is well-positioned for long-term occupancy and appreciation. With a convenient location, generous floor plans, and dependable cash flow, this seven-unit building is a standout addition for investors seeking to expand their portfolio or acquire a high-performing asset in one of Chicago’s most established communities.
Property Details
Price:
$1,225,000
MLS #:
MRD12776106
Status:
Active
Beds:
4
Baths:
2
Type:
Commercial
Neighborhood:
chisouthshore
Listed Date:
Oct 3, 2026
Year Built:
1916
See this Listing
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Stories
3
Financial
Maintenance Fee
$2,000
Tax Year
2025
Taxes
$17,287
Map
Community
- Address6816 S Cornell Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60649
Market Summary
Current real estate data for Commercial in Chicago as of Oct 05, 2026
895
Commercial Listed
183
Avg DOM
$1,016,745
Avg List Price
Property Summary
- 6816 S Cornell Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $1,225,000
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Copyright 2026. All rights reserved.
6816 S Cornell Avenue
Chicago, IL


