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1301 W Cornelia Ave
Chicago, IL 60657
13 Units /// Lakeview · Multifamily Property For Sale
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13 Units
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 15,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1916 |
| Building Class | C | ||
| Zoning | RT-3.5 | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 15,000 SF |
| No. Stories | 3 |
| Year Built | 1916 |
| Zoning | RT-3.5 |
ABOUT 1301 W CORNELIA AVE , CHICAGO, IL 60657
This apartment investment is located on the southwest corner of Lakewood Avenue and Cornelia Avenue in the Lakeview neighborhood on the north side of Chicago, Illinois. The property includes a 13-unit apartment building with a unit mix of four-room one-bedroom, five-room two-bedroom, and a four-bedroom, two and one half bath owner's unit. The landlord provides heat and hot water while the tenants are responsible for their cooking gas and electric utilities. The building has been recently improved with new copper plumbing, boiler, windows, porches, and electric. This offering provides a new investor the opportunity to own one of the few commercial size apartment buildings in the area, within walking distance to both Wrigley Field and the Southport corridor, and implement one of many possible strategies to increase rents and improve cash flow.
PROPERTY TAXES
| Parcel Number | 14-20-312-020-0000 | Improvements Assessment | $31,500 |
| Land Assessment | $139,500 | Total Assessment | $171,000 |
PROPERTY TAXES
