12
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$1,050,000
Est. payment /mo
5,227 Sqft Lot
New
4821 W Cornelia AVE Chicago, IL 60641
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12648950
Maintenance Fees $1,686
Year Built 1921
Annual Tax Amount $14,776
Tax Year 2024
Lot Size 5,227 Sqft
Lot Dimensions 133' X 40'
Property Sub-Type Multi Family 5+
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.
Location
State IL
County Cook
Area Chi - Portage Park
Zoning MULTI
Rooms
Basement Partially Finished
Interior
Cooling Window Unit(s)
Fireplaces Number 2
Fireplace Y
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Kelly Angelopoulos of Jameson Sotheby's Intl Realty
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