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About This Home
This 41-bedroom, 15-bathroom residential multi family at 4821 W Cornelia Avenue in Chicago, IL is listed for $1,050,000. Built in 1921, on a 0.12 acres lot.
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.
Key Features
- Built in 1921
- 0.12 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$5,616/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4821 W Cornelia Avenue
Chicago, IL 60641
Property Details
Construction
Cooling
Questions & Answers
This 41-bedroom, 15-bathroom residential multi family at 4821 W Cornelia Avenue is listed at $1,050,000. The estimated monthly payment is $4,550 based on 20% down at 6.5% interest.
Key features include: Built in 1921, 0.12 acre lot, 2 stories, Fireplace.
This property is listed by Kelly Angelopoulos and can be reached at (312) 335-3291 or kelly@jamesonsir.com.





