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.
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
Estimated Payment
$ 3,874.43 per month $2,336.84 Principal & Interest $1,231.33 Property Tax $306.25 Homeowner's Insurance
4821 W Cornelia Avenue | MLS# 12648950
This multi-family property located at 4821 W Cornelia Avenue, Chicago, IL 60641 is currently listed for sale with an asking price of $1,050,000. Search Chicago real estate on www.bhhscrosby.com today.