718 West Cornelia, Chicago IL 60657
$1,545,000

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Property Description

Welcome to 718 W Cornelia, a rare legal 4-unit property in the heart of East Lakeview. Fully leased through mid-2026, this investment opportunity blends updated interiors, strong rental income, and unbeatable location just blocks from the lakefront. The property features three spacious 2-bed/1-bath units plus a garden 1-bed/1-bath + den. Each floor offers distinct charm with hardwood, laminate, or tile flooring, updated kitchens, and modern bathrooms. Units 1-3 enjoy in-unit laundry and pantries, while the garden unit offers basement coin laundry access and utilities included. A shared backyard creates additional outdoor appeal. Easy street parking nearby. Nestled between Broadway, Halsted, Addison, and Belmont corridors, this building's location offers instant access to shops, restaurants, parks, CTA train lines, and CTA bus routes. With leases secured until May and June 2026, 718 W Cornelia delivers turnkey stability in one of Chicago's most sought after neighborhoods. Schedule your tour today to see this exceptional East Lakeview opportunity! Sold AS-IS.

Features & Information

Key Details

  • List Price $1,545,000
  • Property Taxes $24,573.99
  • Price/ Sq. Ft. Unavailable
  • Year Built 1915
  • Parking Type None
  • Status New

Rooms

  • Total Rooms 23
  • Basement F

Exterior Features

  • Parking

  • Parking Details None
  • # of Cars:  0

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Electric, Radiators
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Window Air Conditioner
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Window Air Conditioner, Hardwood Floors
  • Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Window Air Conditioner
  • Unit 4 Stove, Refrigerator, Washer, Dryer, Dishwasher, Window Air Conditioner, Hardwood Floors

Location

  • County Cook
  • Township Lake View
  • Corporate Limits Chicago
  • Directions to Property North/south On Broadway And West On Cornelia To 718.
  • Schools

  • Elementary School District 299
  • School Name Nettelhorst Elementary Sc
  • Junior High District 299
  • School Name Nettelhorst Elementary Sc
  • High School District: 299
  • School Name Lake View High School
  • Property Taxes

  • Tax 24573.99
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 14213020170000

Utilities

  • Sewer Public

Listed by: Fulton Grace Realty | Phone: 773.698.6648
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/17/2025 5:02 PM. 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.

Explore Lakeview East

A unique and eclectic north side neighborhood brimming with independent businesses, artistic minds, and a vibrant LGBT population - Lakeview East has it all. World-class nightlife, community-mindedness and serene lake views make this district the ideal home for young families, recent grads, creative professionals, and everyone in between. Lakeview East's location along the water is one of the neighborhood's signature qualities. Lake Michigan's beautiful beaches and lakefront trails give way to Belmont Harbor where Chicagoans store their yachts and sailboats between excursions. An off-leash dog beach allows our four-legged friends to run free and a bird sanctuary is the main stopover for our feathered friends flying south for the winter. The housing in Lakeview East is a marriage of high-rise residential buildings, vintage condos and rehabbed lofts, with an assortment of single-family homes thrown in the mix. Off the neighborhood side streets are block after block of restaurants, bars, retail, theaters, and other businesses. In the summer months Lakeview East is flooded with a full calendar of art festivals, outdoor markets, garden walks, and the very popular Chicago Gay Pride Parade.

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