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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.

Agent 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.

Key Features

  • Built in 1921
  • 0.12 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
15 full
1921

Amenities

FireplaceA/C

Monthly Cost Estimate

$5,616/mo

20% down · 6.5% · 30 years

Principal$759
Interest$4,550
Insurance$306

Estimates only. Actual payments may vary.

Location

4821 W Cornelia Avenue

Chicago, IL 60641

Property Details

Construction

Brick

Cooling

Window Unit(s)

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.

KA

Kelly Angelopoulos

Agent at Jameson Sotheby's Intl Realty

(312) 335-3291

Listed by Jameson Sotheby's Intl Realty · View on Broker Site

MLS# 12648950· Source: listhub· Updated 27 days ago

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4821 W Cornelia Avenue, Chicago, IL 60641

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