BEDS13
BATHS5 full
MLS#12648281
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
Here is your opportunity to purchase a fully updated Courtyard Brick Apartment Building with 4 large units and a 5th non-conforming garden unit. Located on the city's Northwest Side, this Portage Park multi unit investment generates income of $107,894 annually. Rare, L-Shaped All Brick Building on oversized (40ftx133ft). Built in 1921, and freshly updated in 2020, all units feature white shaker cabinets, quartz countertops, new appliances, new paint, refinished floors and subway tiled bathrooms. Ideal for any arm-chair investor, this well-maintained, fully stabilized building is professionally managed for passive income with minimal time or experience required. Centrally located and accessible transportation via Bus/Train and easy access to Kennedy Expressway, nearby Entertainment, Dining & Shopping include Six Corners district, The Patio Theatre and Chicago Park District Portage Park make this area desirable for long-term tenants. Additional revenue can be captured with common laundry room converted to commercial machines + 4 rear exterior parking spaces to lease. Common Area features gated front entry offers residents outdoor seating and grilling, oversized lower level storage units. Central Heat.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished, Exterior Entry, Full
Basement: Yes
Heating: Natural Gas
Lot Size: 0.12 Acres
Taxes: $14,776
Year Built: 1921
Feature Descriptions
Additional rooms: Utility Room-Lower Level
Exterior: Brick
Lot Dimensions: 133' X 40'
Parcel#: 13214050350000
Parking: Off Alley, Yes, Owned
Sewer: Public Sewer
Total Rooms: 0
Township: Jefferson
Water: Lake Michigan
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Jameson Sotheby's Intl Realty
Agency Phone: 312-751-0300
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 3,874.43 per month $2,336.84 Principal & Interest $1,231.33 Property Tax $306.25 Homeowner's InsuranceChange Payment Information
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4819 W Cornelia Avenue | MLS# 12648281
This multi-family property located at 4819 W Cornelia Avenue, Chicago, IL 60641 is currently listed for sale with an asking price of $1,050,000. W Cornelia Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.