4821 West Cornelia, Chicago IL 60641
Property Description
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.
Features & Information
Key Details
- List Price $1,050,000
- Property Taxes $14,776.71
- Price/ Sq. Ft. Unavailable
- Year Built 1921
- Status New
Building Information
- Age of Building Older
- Exterior Construction Brick
- Foundation Concrete
- Heating & Cooling Central Bldg Heat, Gas, Radiators, Steam
Location
- County Cook
- Directions to Property N. Cicero Ave To Cornelia Ave, West To Site
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Property Taxes
- Tax 14776.71
- Parcel Identification Number 13214050350000
Listed by: Jameson Sotheby's Intl Realty | Phone: 312.751.0300
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 5/16/2026 2:02 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 Portage Park
Portage Park is a peaceful and spacious northwest side Chicago neighborhood with an active business district, a number of good schools and affordable property that is steadily growing in popularity and homebuyer interest. The Six Corners intersection is the area's main commercial hotspot, but the entire neighborhood is infused with a wealth of little shops and specialty stores. There is no better way to experience what Portage Park has to offer than to sample the vast roster of restaurants, bar & grills, pizzerias, bakeries and delis. And you don't want to discount the neighborhood's notable network of parkland, headed up by the spacious grounds and Olympic-size swimming pool of the community's coveted namesake Portage Park.
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