Property Overview

Interra Realty has been exclusively engaged to present for sale 7150-52 S. Cornell Ave. Located in Chicago's historic South Shore neighborhood, the subject property contains 12 apartment units featuring (6) Studios and (6) 1 BD/1 BA unit layouts. The units feature spacious layouts and have been been
renovated with updated kitchens and baths.

Current ownership has pridefully maintained the building and made significant Cap-Ex upgrades by putting a brand new tear off roof on the property.

A qualified investor has the opportunity to acquire a turn key, well managed, stabilized asset in one of Chicago's fastest appreacting submarkets with the ability to continue to increase rents to the top of the market upon tenant turnover.

Highlights

  • Desirable Unit Mix: (6) Studios & (6) 1 BD Units
  • Updated kitchens and baths with gas forced air furnaces throughout
  • New tear of roof/hot water tank (2022)
  • Prime South Shore location
  • Updated common areas

Key Details

Sale Price
$825,000
Number of Units
Twelve (12)
Submarket
South Shore