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Backup Offers

7011 S Cornell Ave, Chicago, IL, 60649

$159,900

Home List Price

$1,899*

Closing Credit

1 Bedroom
3 Full Baths
2,712 SqFt
$59/SqFt
House

Location

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7011 S Cornell Ave, Chicago$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1982
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontFencing
FireplaceElectric
MLS #12010021
StatusAccepting Backup Offers
(Contingent)

About 7011 S Cornell Ave

Unique, compelling opportunity. In the heart of South Shore. Walking distance to the highly anticipated Obama library, 63rd street beach, Jackson Park golf course, "New construction". All HVAC, plumbing, electrical, has been roughed and completed. All you have to do is drywall and the cosmetics. Concrete new, foundation new, porches new, garage new, furnaces new, A/C's new. What more can you ask for! Avoid the high prices of material. Wonderful for a quick flip or build generational wealth, long term as a luxury homeowner, or let this be a cash cow as a rental or Airbnb. Area is gentrifying at a rapid pace. Approved Architect plans included. Future upside/ possibilities are endless. Sold "as is" Request your showing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Bi-Level
  • Year Built: 1982
  • Living Area: 2,712 SqFt

Listing Office:

  • Office Name: Berg Properties
  • Office Phone: (888) 276-9959
  • Listing Agent: Colleen Berg

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s)
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Deck, Porch, Screened Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South on Stoney Island, left on 69th street, right on East End, right on 70th street, left to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900
  • Price Per SqFt: $59/SqFt

Tax Information:

  • Annual Amount: $917
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

7011 S Cornell Ave vs Chicago

239 DAYS ON ROCKET

+207 Days

$159,900

-$200.4K Less

$59/SqFt

-$201 Less

KEY TAKEAWAY

This property is $200.4K less than the Median Sold Price and $201/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12010021

Listing Office:

  • Office Name: Berg Properties
  • Office Phone: (888) 276-9959
  • Listing Agent: Colleen Berg

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 27, 2013Home Sold
$35,000
Feb 03, 2009Home Sold
$15,000
Nov 09, 2005Home Sold
$110,000
Jan 23, 2004Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2019$917$4,563
2018$2,394$12,122
2017$877$4,074

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-299948
7
/10

  • Woodlawn Elementary Community School

  • 6657 S Kimbark Ave

  • 0.69 miles

  • Public District Grades PK-6

school-card-donut-299949
5
/10

  • Brownell Elementary School

  • 6741 S Michigan Ave

  • 1.95 miles

  • Public District Grades PK-6

school-card-donut-299950
4
/10

  • Pirie Fine Arts and Academic Center Elementary School

  • 650 E 85th St

  • 2.24 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,111. Most Chicago, IL residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7011 S Cornell Ave

What is the listing price of this property?

The listing price of 7011 S Cornell Ave property is $159,900.

What type of property is this?

The property 7011 S Cornell Ave is a house located in Chicago, Illinois, 60649.

Is this property for sale now?

Accepting Backup Offers: 7011 S Cornell Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $917 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 27, 2013 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7011 S Cornell Ave has 1 bedroom and 3 bathrooms.

What is the square footage of this property?

The property 7011 S Cornell Ave is 2,712 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7011 S Cornell Ave is 1982.

Rocket Homes›Illinois›Cook County›Chicago›60649›7011 S Cornell Ave

This home is located at 7011 S Cornell Ave in Chicago, IL and zip code 60649 in the South Shore neighborhood. This 2,712 square foot home was built in 1982. Features: 1 bedroom, 3 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $159,900.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. In October 2024 in Chicago, IL there were 14.5% more homes for sale than in September 2024. Listings spent 32 days on the market in October 2024, and had a median list price of $360,336 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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