NOT LISTED FOR SALE

4815 W Cornelia Ave Chicago, IL 60641

Portage Park Neighborhood
7 Beds
4 Baths
-- Sq Ft
1923 Built

Last Sold July 06, 2015

Last sale price $462,000

49 Days on Market

About This Home

As of July 2015

Rare, "L" shaped 4-unit brick building great condition w/ separate heat. Many windows have been replaced. Kitchens, baths, electric & plumbing have been upgraded. Professionally landscaped. Tear-off roof & tuck pointing in '07. Parking Spaces for 5 cars. Possible package with building next door @ 4821 W Cornelia which is a nearly identical, brick Multi-Family 4-unit building w/ 4 Parking Space. New flood control 2014

Last Agent to Sell the Property

Jerry Mustafa

Golden Arrow Realty Inc. License #471011850 Listed on: 02/23/2015

Last Buyer's Agent

Al Rodriguez

RE/MAX City License #475154492

RE/MAX City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,498

Year Built

  • Built in 1923

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • Lot Dimensions are 41 x 133

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $64,500
  • Net Operating Income $48,082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,498

Year Built

Built in 1923

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 16418

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 41 X 133
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: All

Multi Family

  • Net Operating Income: 48082
  • GrossIncome: 64500
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8498
  • Tax Year: 2013
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2015 07/06/15 Sold $462,000 -7.6% --
04/13/2015 04/13/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $499,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,711 $64,000 $17,031 $46,969
2024 $9,711 $64,000 $17,031 $46,969
2023 $9,467 $46,000 $13,735 $32,265
2022 $9,467 $46,000 $13,735 $32,265
2021 $9,256 $46,000 $13,735 $32,265
2020 $8,098 $36,332 $7,966 $28,366
2019 $8,395 $41,762 $7,966 $33,796
2018 $8,254 $41,762 $7,966 $33,796
2017 $10,449 $48,510 $7,142 $41,368
2016 $9,721 $48,510 $7,142 $41,368
2015 $8,894 $48,510 $7,142 $41,368
2014 $8,669 $46,689 $6,592 $40,097
2013 $8,498 $46,689 $6,592 $40,097
Source: Public Records

Agents Affiliated with this Home

  • Jerry Mustafa

    Seller's Agent in 2015

    Jerry Mustafa

    Golden Arrow Realty Inc.

    (773) 544-7790

    52 Total Sales

    Jerry Mustafa
    Section Image
  • Al Rodriguez

    Buyer's Agent in 2015

    Al Rodriguez

    RE/MAX

    (773) 573-9798

    11 in this area

    95 Total Sales

    Al Rodriguez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08845742

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60641 Portage Park

4815 W Cornelia Ave, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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