Closed

$1,295,000

1201 Cornelia Avenue, Chicago, IL 60657
6 Beds4 Baths125 days
1201 Cornelia Avenue·Chicago, IL 60657
6Bedrooms
4Bathrooms
1910Year Built
About This Home

AMAZING OPPORTUNITY - AIRBNB POTENTIAL! Lake View/Wrigleyville 4 unit brick building! 100% turnkey investment property ready to accept vacation rentals or yearly leases for the 2024 season. All units rented, providing a steady income stream for investors. The units are updated, while still retaining vintage elements that add charm and appeal. Improvements include newer roof, tuckpointing, electric, plumbing, water tanks, HVAC and windows, making this a turnkey investment opportunity. The kitchens showcase eat in island with wood cabinetry. Enclosed porches add additional usable space to the units. Windows throughout ensures plenty of natural light fills the space, creating a warm and inviting atmosphere. Hardwood floors add character and uniqueness to each unit. There's ample storage available in the common areas. Outside, the exterior parking brings in additional income. This property is versatile and can be an excellent investment opportunity, a multi-family living arrangement, or a chance for an owner to live in one unit while renting out the others. The location is unbeatable, with public transportation just minutes away and quick access Lake Shore Dr, trains (brown, red & purple line stations) and expressways. You'll be in a neighborhood that offers a multitude of conveniences, restaurants & shops, all just a few steps away. It's a sought-after area for both residents and investors alike. You won't be disappointed!

MLS# 12011862Listed March 23, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms20

Size & Structure

Year Built1910
Lot Size30 X 125

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$1,295,000
Annual Taxes (2022)$24,332
Monthly Tax Est.$2,028
Parcel #14203140200000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

AssignedOff AlleyOn Site
HOA & Community

Community Features

GatedStreet Lights
Schools
Elementary
Hamilton Elementary School
District: 299
Middle School
Hamilton Elementary School
District: 299
High School
Lake View High School
District: 299
Tax & Financial
Annual Taxes
$24,332
Tax Year 2022
Monthly Tax Est.
$2,028
per month
Property Location

1201 Cornelia Avenue, Chicago, IL 60657Cook County

$1,295,000
1201 Cornelia Avenue
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
125 days on market
30 X 125
$24,332/yr taxes
$8,833
estimated monthly payment
Principal & Interest
$6,806/mo
Property Tax
$2,028/mo
$1,295,000
20% — $259,000
3%50%
6.875%
3%12%
Loan Amount
$1,036,000
Down Payment
$259,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Rose Alvarez
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