4821 W Cornelia Ave Chicago, IL 60641
Portage Park NeighborhoodEstimated payment $6,903/month
Highlights
- 2 Fireplaces
- Central Heating
- Heating System Uses Steam
- Courtyard
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
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 133' x 40'
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Partially Finished Basement
Outdoor Features
- Courtyard
Utilities
- Window Unit Cooling System
- Central Heating
- Radiator
- Heating System Uses Steam
- Heating System Uses Gas
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $1,222
- Fuel Expense $6,569
- Maintenance Expense $1,686
- Other Expense $4,505
- Trash Expense $4,610
- Water Sewer Expense $1,243
- Operating Expense $21,637
- Gross Income $107,880
- Net Operating Income $71,467
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $10,904 | $73,522 | $16,681 | $56,841 |
| 2024 | $10,904 | $73,522 | $16,681 | $56,841 |
| 2023 | $10,630 | $51,654 | $13,453 | $38,201 |
| 2022 | $10,630 | $51,654 | $13,453 | $38,201 |
| 2021 | $10,865 | $53,999 | $13,452 | $40,547 |
| 2020 | $10,181 | $45,675 | $7,802 | $37,873 |
| 2019 | $9,865 | $52,500 | $7,802 | $44,698 |
| 2018 | $9,698 | $52,500 | $7,802 | $44,698 |
| 2017 | $12,799 | $62,799 | $6,995 | $55,804 |
| 2016 | $12,085 | $62,799 | $6,995 | $55,804 |
| 2015 | $11,033 | $62,799 | $6,995 | $55,804 |
| 2014 | $7,958 | $45,428 | $6,457 | $38,971 |
| 2013 | $7,790 | $45,428 | $6,457 | $38,971 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | For Sale | $1,050,000 | 0.0% | -- | |
| 05/24/2026 05/24/26 | Off Market | $1,050,000 | -- | -- | |
| 05/14/2026 05/14/26 | For Sale | $1,050,000 | +100.0% | -- | |
| 01/31/2019 01/31/19 | Sold | $525,000 | -8.7% | -- | View Prior Sale |
| 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% | -- | View Prior Sale |
| 07/22/2015 07/22/15 | Pending | -- | -- | -- | |
| 02/23/2015 02/23/15 | For Sale | $499,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12648950
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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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 4819 W Cornelia Ave
- 4857 W Roscoe St Unit 1
- 4935 W Henderson St
- 5010 W Newport Ave
- 4945 W Addison St
- 2613-2633 N Cicero Ave
- 2841-49 N Cicero Ave
- 4938 W Melrose St
- 4945 W Waveland Ave
- 3415 N Kenton Ave
- 4925 W Warwick Ave
- 3422 N Kolmar Ave
- 4719 W Warwick Ave
- 3532 N Kolmar Ave
- 4914 W Warwick Ave
- 3128 N Keating Ave
- 5138 W Addison St
- 5020 W Fletcher St
- 3428 N Kilbourn Ave
- 5155 W School St
- 4819 W Cornelia Ave Unit 4821-G
- 4819 W Cornelia Ave Unit 4819-1
- 4821 W Cornelia Ave Unit G
- 4819 W Cornelia Ave Unit 1
- 4904 W School St Unit 1
- 4646 W Addison St Unit 2W
- 3716 N Cicero Ave Unit 2e
- 5025 W Belmont Ave Unit 2F
- 4928 W Barry Ave Unit 1
- 4730 W Grace St
- 4730 W Grace St Unit 1
- 3238 N Kilbourn Ave Unit 14
- 3335 N Kenneth Ave Unit G
- 5114 W Grace St Unit Garden apartment
- 4415 W Waveland Ave
- 5221 W Belmont Ave Unit 2R
- 5344 W Eddy St Unit G
- 5344 W Eddy St Unit 1
- 3457 N Lowell Ave Unit Garden
- 4351-4355 W Grace St
Ask me questions while you tour the home.