


4821 W Cornelia AvenueChicago, IL 60641
Commercial · 13 Beds · 0.12 Acres4821 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.
4821 W Cornelia Avenue Facts & Features
- Type Commercial
- Lot 0.12 Acres
Details
General
Income/Expenses
- Other Expense: 4505
- Electric Expense: 1222
- Fuel Expense: 6569
- Gross Income: 107880
- Insurance Expense: 0
- Maintenance Expense: 1686
- Net Operating Income: 71467
- Operating Expense: 21637
- Trash Expense: 4610
- Water Sewer Expense: 1243
Building Information
- Year Built: 1921
Business Information
- Current Use: Non Conforming,Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Portage Park
- Township: Jefferson
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat
Tax Information
- Tax Annual Amount: $14,776.71
- Tax Year: 2024
General Information
- Parcel Number: 13214050350000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
General Information
- Basement: Partially Finished
- Cooling: Window Unit(s)
- Fireplaces Total: 2
- Foundation Details: Concrete Perimeter
- Stories: 2
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Acres: 0.12
- Lot Size Dimensions: 133' X 40'
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 5
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Baths Total: 1
- Units Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 3
- Baths Total: 1
- Units Total: 3
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 4
- Baths Total: 1
- Units Total: 4
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 2
- Baths Total: 1
- Units Total: 5
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
4821 W Cornelia Avenue Neighborhood
Community
60641 (CHICAGO) Demographics
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.4821 W Cornelia Avenue Monthly Cost
4821 W Cornelia Avenue Market Data
Based on the last 30 days in this zip code
4821 W Cornelia Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/14/2026Source: MRED | Active |
|
| 6/9/2026Source: MRED | Re-activated |
|
| 5/19/2026Source: MRED | Active |
|
| 5/14/2026Source: MRED | May 14, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |
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| 6/20/2022Source: MRED | January 27, 2022 |


















