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4821 W Cornelia Avenue, Chicago, IL 60641

$1,050,000
  • 4821 W Cornelia Avenue, Chicago, IL 60641 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#12648950
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.12 Acres
Stories: 2.0
Taxes: $14,776
Year Built: 1921

Feature Descriptions

Current Use: Non Conforming, Multi-Family
Exterior: Brick
Foundation: Concrete Perimeter
HVAC: Central Bldg Heat, Gas, Radiators, Steam
Lot Dimensions: 133' X 40'
Parcel#: 13214050350000
Parking: 1-5 Spaces
Units: 5

Listed By / Shown By

Listed By

Agency Name: Jameson Sotheby's Intl Realty
Agency Phone: 312-751-0300

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Estimated Payment

$ 3,874.43 per month $2,336.84 Principal & Interest $1,231.33 Property Tax $306.25 Homeowner's Insurance

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