$210,000
7648 South Cornell, Chicago, IL 60649
Current Rent **
N/A
Projected Rent **
$3,000
Unit 1 Details
- Current Rent:
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: No
- Needs Repairs: Yes
- Off MLS: Yes
Unit 2 Details
- Current Rent:
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: No
- Needs Repairs: Yes
- Off MLS: Yes
Off-Market Multifamily Fixer-Upper: Investment Opportunity!
🏠 Property Type: Multifamily - 2 Unit
📍 Location: Chicago/South Shore
💲 Price: Asking Price $210000 - Must Sell
Property Overview:
Unit Mix: Two 2 Bedroom/1 Bath Units
Occupancy: Vacant
Building Size: 2638 Square Feet
Year Built: 1924
Condition: Needs substantial renovation (Architectural Drawings Completed & Approved)
Investment Highlights:
**🔧 Potential Upside: After Repair Value- $300K Plus.
**📍 Strategic Location: Upcoming South Shore
Why Consider This Property?
**🔨 Motivated Seller: Ready to sell quickly at a competitive price. Flexible terms and serious offers welcome.
**🏢 Rehabilitation Ready: Current Stop Work in Place But Architectural Drawings Approved
Details & Next Steps:
Ready to transform this diamond in the rough? Contact us today: Proof of Funds Required
📞 Contact: Eugene Beckles or Crystal Smith
📧 Email: [email protected]
📱 Phone:(312) 627-9053/ (312)818-2585
Find pictures here: https://drive.google.com/drive/folders/1AIGpQ-3TZ115Q8E4gq9KQ5j6O_afHmaK
Location:
7648 South Cornell, Chicago, IL 60649
Report Abuse
* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
Only paying BiggerPockets members can do this!
Upgrade your account to a Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!