Active

1201 W Cornelia Avenue

Chicago IL, 60657

$1,295,000


Active

6 Beds

4 Baths

Residential

Built in 1910

Courtesy of Compass

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!

12011862

MLS ID

March 23, 2024

Listed

April 12, 2024

Updated

Map

1201 W Cornelia Avenue
Chicago IL, 60657

Interior Features

Bedrooms

6 Beds


Bathrooms

4 Baths


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Sewer

Public Sewer

School Information

School District

299


High School

Lake View High School


Elementary School

Hamilton Elementary School

Other Property Details

Area Name

CHI - Lake View


Taxes

$24,332


Tax Frequency

Annually


Days on Market

19


Garage

No


Parking

Assigned, Off Alley


Parking Total

2


View

No


County

Cook


Municipality

Lake View


Water Source

Lake Michigan


Pool

No


Zoning

MULTI


Buyer Agency Compensation

2.5% - $495

Listing History

Date

Event

Price

4/4/2024

Active

3/29/2024

Under Contract

Courtesy of Compass, Rose Alvarez,
Listing Contact: 773-255-8643 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Second City Agents are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 4/12/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 7:45 PM UTC, 4/12/2024

 

 

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