3646 W Cornelia Avenue
Chicago, IL, 60618
$1,250,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,250,000
3646 W Cornelia Avenue
Chicago, IL, 60618
MLS #MRD12289078 img 0
This Oversized 5-Unit Brick Multi-Family on Cornelia is an excellent, turnkey, income generating property(current monthly rental income is $9225). This impressive multi-family has spacious units and thoughtful/timeless updates throughout. The property features four spacious two-bedroom units as well as a well-appointed 3-bedroom, 2-bath duplex that was renovated by the seller for personal use. Additional highlights include a large attic offering future growth potential and abundant storage space. There is also individual storage units for each tenant in the rear basement. The property is situated in a prime location with easy access to public transportation, offering convenient routes to both the Loop and O’Hare Airport. Nestled on a quiet street directly across from a newer townhome development, this property enjoys the benefits of a peaceful setting with the promise of continued neighborhood growth. The building also boasts a newer back steel stairwell, adding to its modern upgrades. This is a fantastic turnkey investment opportunity in a thriving and convenient location-perfect for an armchair investor looking to add a well-maintained, income-producing property to their portfolio.

Property Details

Price:
$1,250,000
MLS #:
MRD12289078
Status:
Active
Beds:
0
Baths:
0
Address:
3646 W Cornelia Avenue
Type:
Commercial
Neighborhood:
CHI – Avondale
City:
Chicago
Listed Date:
Feb 11, 2025
State:
IL
ZIP:
60618
Year Built:
1916

Schools

Interior

Cooling
Central Air

Exterior

Financial

Net Operating Income
$92,458
Tax Year
2023
Taxes
$10,842
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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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3646 W Cornelia Avenue
Chicago, IL