NOT LISTED FOR SALE

4821 W Cornelia Ave Chicago, IL 60641

Portage Park Neighborhood
7 Beds
4 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold January 31, 2019

Last sale price $525,000

136 Days on Market

About This Home

As of January 2019

The opportunity to purchase a Courtyard Brick Apartment Building with 4 large units and a 5th non-conforming unit on a large over-sized lot. Located on a beautiful quite neighborhood block, the building features a 3 Bed/1 Bath, 2 Bed/1 Bath, Two 1 Bed/1 Bath units, and 1 non-conforming 2 bed 1 bath garden unit. Large 1,000 SF + units with excellent layouts, eat in kitchens and separate dinning rooms. Extremely well maintained with a majority of the windows replaced, updated kitchens, baths, electric and plumbing. The exterior shares an enclosed courtyard with 4819 W Cornelia Ave. The common areas of the building are clean and the building features coin laundry, individual storage lockers, and 4 exterior parking spaces for additional income.

Last Agent to Sell the Property

David Miller

Redfin Corporation License #475168920 Listed on: 07/23/2018

Redfin Corporation

Co-Listed By

Angelo Labriola

Sperry Van Ness License #475130926

Last Buyer's Agent

Kelly Angelopoulos

Jameson Sotheby's Intl Realty License #475161249

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,799

Year Built

  • Built in 1921

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 133' x 40'

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $62,424
  • Net Operating Income $30,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,799

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 0

Exterior Features

  • List Price: 575000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Other Expenses $: 32344

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 133' X 40'
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Other

Multi Family

  • Net Operating Income: 30080
  • GrossIncome: 62424
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 12799.2
  • Tax Year: 2017

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
01/31/2019 01/31/19 Sold $525,000 -8.7% --
12/10/2018 12/10/18 For Sale $575,000 +9.5% --
12/06/2018 12/06/18 Pending -- -- --
12/05/2018 12/05/18 Off Market $525,000 -- --
10/30/2018 10/30/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $575,000 +9.5% --
08/02/2018 08/02/18 Pending -- -- --
08/01/2018 08/01/18 Off Market $525,000 -- --
07/23/2018 07/23/18 For Sale $575,000 +17.7% --
10/14/2015 10/14/15 Sold $488,500 -2.3% --
07/22/2015 07/22/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $499,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Miller

    Redfin Corporation

    David Miller
    Section Image
  • Angelo Labriola

    Seller Co-Listing Agent in 2019

    Angelo Labriola

    Sperry Van Ness

    (708) 307-7529

    58 Total Sales

    Angelo Labriola
    Section Image
  • Kelly Angelopoulos

    Buyer's Agent in 2019

    Kelly Angelopoulos

    Jameson Sotheby's Intl Realty

    (312) 636-5652

    134 Total Sales

    Kelly Angelopoulos
    Section Image
  • Jerry Mustafa

    Seller's Agent in 2015

    Jerry Mustafa

    Golden Arrow Realty Inc.

    (773) 544-7790

    52 Total Sales

    Jerry Mustafa
    Section Image

  • T

    Buyer's Agent in 2015

    Torrance Green

    Baird Warner

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10027171

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

4821 W Cornelia Ave, Chicago, IL

This home is located at 4821 W Cornelia Ave, Chicago, IL 60641 since 23 July 2018. This property was built in 1921. 4821 W Cornelia Ave is a home located in Cook County with nearby schools including Falconer Elementary School, Foreman College and Career Academy, and Kelvyn Park High School.

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