Listing provided courtesy of Jameson Sotheby's Intl RealtyMREDas Distributed by MLSGrid- MLS# 12648281MLS Provider

4819 W Cornelia AvenueChicago, IL 60641

Multi-Family · 11 Beds · 0.12 Acres
$1,050,000 Active

4819 W Cornelia Avenue Overview

Time on Site:
46 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

4819 W Cornelia Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.12 Acres

Details

General

School Information

  • School District: 299

Income/Expenses

  • Electric Expense: 1222
  • Fuel Expense: 6569
  • Gross Income: 110280
  • Insurance Expense: 4000
  • Maintenance Expense: 1687
  • Trash Expense: 4611
  • Water Sewer Expense: 1243

Building Information

  • New Construction: No
  • Year Built: 1921

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Portage Park
  • Township: Jefferson

Tax Information

  • Tax Annual Amount: $14,776.71
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 13214050350000
  • Property Type: Residential Income
  • Special Listing Conditions: List Broker Must Accompany
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 5
  • Bedrooms Total: 13
  • Bedrooms Possible: 13
  • Full Baths Building: 5

General Information

  • Basement: Partially Finished, Exterior Entry, 8 ft + pour, Storage Space, Full
  • Heating: Natural Gas
  • Rooms Total: 26

Exterior

Parking Information

  • Parking Features: Off Alley, Yes, Owned
  • Parking Total: 4

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 133' X 40'
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1575
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1560
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 2080
  • Beds Total: 3
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 2175
  • Beds Total: 4
  • Baths Total: 1

4819 W Cornelia Avenue Neighborhood

Community

60641 (Chicago) Demographics

37
Median Age
17,360
Population Density (per sq. mile)
39%
College Educated
$67,599
Estimated Median Income
12,764
Estimated Total Home Owners
11,758
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4819 W Cornelia Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4819 W Cornelia Avenue Market Data

Based on the last 30 days in this zip code

$523,031
Average List Price
$310
Average Price per Square Foot
45
Properties Sold
50
Average Days on Market
75
Properties for Sale
Calculations provided by Reliance Network

4819 W Cornelia Avenue History

Date Event Value Agent
6/14/2026Source: MRED Status Change
Active
6/9/2026Source: MRED Status Change
Re-activated
5/26/2026Source: MRED Status Change
Contingent
5/19/2026Source: MRED Status Change
Active
5/14/2026Source: MRED Added to Database
May 14, 2026