4821 W Cornelia Avenue
Chicago, IL, 60641
$1,050,000
13 Beds
5 Baths
0 SqFt
0.12 Acres
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$1,050,000
4821 W Cornelia Avenue
Chicago, IL, 60641
MLS #MRD12648950 image #0MLS #MRD12648950 image #1MLS #MRD12648950 image #2MLS #MRD12648950 image #3MLS #MRD12648950 image #4MLS #MRD12648950 image #5MLS #MRD12648950 image #6MLS #MRD12648950 image #7MLS #MRD12648950 image #8MLS #MRD12648950 image #9MLS #MRD12648950 image #10MLS #MRD12648950 image #11
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.

Property Details

Price:
$1,050,000
MLS #:
MRD12648950
Status:
Active
Beds:
13
Baths:
5
Type:
Commercial
Neighborhood:
chiportagepark
Listed Date:
May 14, 2026
Year Built:
1921
Chi – Portage ParkChiportagepark

Schools

Interior

Cooling
Window Unit(s)
Fireplaces Total
2

Exterior

Construction Materials
Brick
Stories
2

Financial

Maintenance Fee
$1,686
Net Operating Income
$71,467
Tax Year
2024
Taxes
$14,777
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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894
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Avg DOM
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Property Summary

    4821 W Cornelia Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60641. It is listed for $1,050,000 To schedule a showing of MLS#mrd12648950 at 4821 W Cornelia Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4821 W Cornelia Avenue
Chicago, IL