$1,050,000
For Sale by Owner
Listed 2 months ago

13BR Multi-Family for Sale in Chicago, IL

4819 W Cornelia Ave, Chicago, IL 60641
13 Beds
5 Bath
Built 1921
PropSlick Verified Data Key facts & insights for this exact address
1921
Year Built
5,227 sf
Lot Size
Cook
County

Key Facts

Property TypeMulti-Family
Year Built1921
Lot Size5,227 sq ft

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.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Heating
Washer/Dryer
Backyard/Patio

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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