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6816 South Cornell AvenueChicago, IL 60649Price: $1,200,000

  • Price: $1,200,000
  • 1 Day on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 0.14Acreage
  • 1916Year Built

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Exceptional investment opportunity in the highly desirable South Shore neighborhood! This well-maintained seven-unit multifamily building offers a strong unit mix consisting of six spacious three-bedroom, one-bath apartments and one one-bedroom, one-bath unit, providing broad tenant appeal and consistent rental demand. Ideally located less than one mile from the New Obama Center, South Shore Cultural Center, public transportation, shopping, restaurants, parks, and other neighborhood amenities. This property is well-positioned for long-term occupancy and appreciation. Approximately half of the units are occupied under subsidized rental programs, providing a stable and reliable income stream, while the remaining market-rate units offer potential for future rental growth. Whether you're looking to expand your portfolio or acquire a solid income-producing asset in a thriving community, this property presents an excellent opportunity. Convenient location, spacious floor plans, and dependable cash flow make this a standout investment in one of Chicago's most established neighborhoods.

Property Details of 6816 South Cornell Avenue

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Listed by Ashly Tucker of Coldwell Banker Realty

Based on information submitted to MRED  as of July 11, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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