1747 W Cornelia Avenue
Chicago, IL, 60657
$824,500
5 Beds
3 Baths
SqFt
0 Acres
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$824,500
1747 W Cornelia Avenue
Chicago, IL, 60657
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OPPORTUNITIES ABOUND WITH THIS BRICK 2 FLAT PLUS SEPARATE COACH HOUSE. BOTH BUILDINGS HAVE HAD SEVERAL RECENT UPDATES. THOSE RECENT UPDATES INCLUDE: THE BASEMENT OF THE MAIN HOUSE WATERPROOFED, COPPER PLUMBING INSTALLED, AND NEW WATER HEATER INSTALLED IN 2023; GAS FURNACE ONLY 2 YEARS OLD; ROOF REPLACED IN 2020; NEWER GAS LINE OUT TO THE COACH HOUSE; AND SEPARATE METERS ALREADY IN PLACE FOR ALL THREE UNITS. INVESTORS CAN FIX THE PROPERTY UP AND CHARGE PREMIUM RENTS. OWNER OCCUPANTS CAN MAKE UPDATES TO THE SPACE, LIVE IN ONE UNIT, AND RENT OUT THE REST. THE MAIN BUILDING COULD ALSO BE CONVERTED INTO A SINGLE FAMILY HOME AND THE COACH HOUSE HELD AS AN INVESTMENT. BOTH UNITS IN THE MAIN HOUSE HAVE 2 BEDROOMS AND 1 BATHROOM AND THE SEPARATE COACH HOUSE IS CONFIGURED AS A LARGE 1 BEDROOM/1 BATH. BOTH STRUCTURES PROVIDE OPPORTUNITIES FOR EXPANSION INTO THE UNFINISHED BASEMENT OF THE MAIN HOUSE OR INTO INTO THE LARGE UNFINISHED ATTIC OF THE COACH HOUSE. MUCH OF THE ORIGINAL DETAILS AND CHARM ARE INTACT FROM THE ORIGINAL COMMON FOYER TILE FLOORING AND ORIGINAL GLASS ENTRYWAY DOOR; TO THE ORIGINAL BUILT-IN HUTCHES IN BOTH DINING ROOMS; EXPOSED WOODWORK AND TRIM THROUGHOUT; PLUS THE BEAUTIFULLY COLUMNED ARCHWAYS SEPARATING THE LIVING ROOMS AND DINING ROOMS. BOTH LIVING ROOMS IN THE FRONT PROPERTY HAVE A LARGE BAY WINDOW OVERLOOKING THE STREET, SPACIOUS DINING ROOMS, PLUS KITCHENS WITH A GOOD-SIZED WALK IN PANTRY. BOTH PANTRIES ABUT EXISTING PLUMBING LINES AND IT COULD BE REPURPOSED AS PRIVATE IN-UNIT LAUNDRY ROOMS. THE WALLS OF THE PANTRIES COULD ALSO BE TAKEN DOWN AND THE EXISTING SQUARE FOOTAGE GIVEN TO THE KITCHENS CREATING A LARGER LIVING SPACE. BATHROOM ON THE MAIN LEVEL HAS ITS ORIGINAL CLAW-FOOT TUB AND PENNY TILE FLOORING. THE UPSTAIR’S BATHROOM HAS ITS ORIGINAL CAST IRON TUB. A THREE-SEASON ENCLOSED PORCH IS NEXT TO THE KITCHENS FOR THE FRONT UNITS. A COMMON BASEMENT IS DRY, UNFINISHED, CURRENTLY HOUSES THE COMMUNAL LAUNDRY, AND HAS DECENT CEILING HEIGHT. THE COACH HOUSE BOASTS A FIRST FLOOR WITH A LARGE LIVING ROOM, SPACIOUS KITCHEN WITH ORIGINAL TILE SURROUND, BEDROOM, BATHROOM, AND THREE-SEASON ENCLOSED PORCH. THERE’S ALSO A BASEMENT WITH A PRIVATE LAUNDRY AREA, AND AN UNFINISHED ATTIC THAT COULD BE BUILT OUT WITH ADDITIONAL BEDROOMS AND/OR BATHROOMS. THIS LAKE VIEW LOCATION IS IDEAL ONLY A SHORT WALK TO BOTH THE PAULINA AND ADDISON BROWN LINE TRAIN STATIONS. MANY CTA BUS LINES CRISS-CROSS THE AREA. NEARBY ROSCOE VILLAGE’S UNIQUE SHOPPING AND DINING ARE JUST A SHORT WALK AWAY. ADDITIONAL SHOPPING AND DINING OPTIONS ARE LESS THAN ONE BLOCK TO THE EAST ALONG N. LINCOLN AVENUE AND THROUGHOUT THE REST OF THE BUSTLING LAKE VIEW COMMUNITY. THIS HOME HAS PRETTY GOOD BONES BUT NEEDS MOSTLY COSMETIC FIXES. WITH SOME DEDICATION AND VISION THIS DIAMOND CAN REALLY SHINE.

Property Details

Price:
$824,500
MLS #:
MRD12015858
Status:
Pending
Beds:
5
Baths:
3
Address:
1747 W Cornelia Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Apr 1, 2024
State:
IL
ZIP:
60657
Year Built:
1896

Schools

School District:
299
High School:
Lake View High School

Interior

Heating
Radiator(s)

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Other Structures
Second Residence
Roof
Rubber

Financial

Buyer Agent Compensation
2.5% – $495% of Net Sale Price
Tax Year
2021
Taxes
$16,298
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1747 W Cornelia Avenue
Chicago, IL