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$1,050,000

Est. payment - /mo

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13 Beds

5 Baths

5,227 Sqft Lot

New

4819 W Cornelia AVE Chicago, IL 60641

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12648281

Bedrooms 13

Maintenance Fees $1,687

Year Built 1921

Annual Tax Amount $14,776

Tax Year 2024

Lot Size 5,227 Sqft

Lot Dimensions 133' X 40'

Property Sub-Type Two to Four Units

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, Exterior Entry, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Kelly Angelopoulos of Jameson Sotheby's Intl Realty

Nearby School & Business

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106