4819 W Cornelia Ave Chicago, IL 60641
Portage Park NeighborhoodEstimated payment $6,903/month
About This Home
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.
Listing Agent
Jameson Sotheby's Intl Realty Brokerage Phone: (312) 636-5652 License #475161249 Listed on: 05/14/2026
Co-Listing Agent
Jameson Sotheby's Intl Realty Brokerage Phone: (312) 636-5652 License #475132044
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,777
Year Built
- Built in 1921 | Remodeled in 2020
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 133' x 40'
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Lower Floor Utility Room
Bedrooms and Bathrooms
- 13 Bedrooms
- 13 Potential Bedrooms
- 5 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Ceilings are 8 Feet High
- Basement Storage
Parking
- 4 Parking Spaces
- Parking Available
- Off Alley Parking
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $1,222
- Fuel Expense $6,569
- Insurance Expense $4,000
- Maintenance Expense $1,687
- Professional Management Expense $1,800
- Trash Expense $4,611
- Water Sewer Expense $1,243
- Gross Income $110,280
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | For Sale | $1,050,000 | 0.0% | -- |
| 05/24/2026 05/24/26 | Pending | -- | -- | -- |
| 05/14/2026 05/14/26 | For Sale | $1,050,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12648281
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Ask me questions while you tour the home.