1721 W Cornelia Ave - Apartments FOR SALE


Chicago, IL 60657- Lakeview
$1,775,000 USD
312-275-3137
1721 W Cornelia Ave, Chicago, IL for Sale
$1,775,000 USD
Apartments - FOR SALE
1/7
null | 5.94% Cap Rate

1721 W Cornelia Ave
Chicago, IL 60657
Lakeview


HIGHLIGHTS

  • Five-unit, 100% leased mixed-use investment property
  • Four (4) 2-bedroom / 1-bathroom apartments and one (1) ground-floor retail unit
  • Long history of strong occupancy and stable in-place income
  • Prominent corner location at the intersection of Lakeview and Roscoe Village
  • Excellent access to public transportation
  • Surrounded by established retailers, restaurants, and neighborhood amenities in one of Chicago's most sought-after neighborhoods

OVERVIEW

Baum Realty Group, LLC has been exclusively retained to market for sale the mixed-use investment property located at 1721 W. Cornelia Avenue in Chicago's highly desirable Lakeview neighborhood. The property consists of five (5) fully leased units, including four (4) 2-bedroom / 1-bathroom apartments and one (1) ground-floor retail space. Ideally positioned at the intersection of Lakeview and Roscoe Village, the building has maintained a long history of strong occupancy, providing stable in-place cash flow in one of Chicago's most established residential and retail corridors. Located near neighborhood destinations including Paulina Market and Wrigley Field, the property benefits from exceptional walkability, convenient public transportation, and ongoing investment in the surrounding area. With minimal deferred maintenance and stable in-place income, 1721 W. Cornelia Avenue represents an attractive opportunity for investors seeking a well-located, stabilized asset. Broker Owned Property

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$256 USD /SF

# OF UNITS

4

PRICE/UNIT

$443,750

CAP RATE

5.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeview Mixed-Use Investment Opportunity

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,095 SF

ZONING

B3-2

APN/PARCEL ID

14-19-415-001-0000

ASK ABOUT THIS PROPERTY

Douglas RennerBaum Realty Group, LLCMore Info
312-275-3137

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Douglas RennerBaum Realty Group, LLCMore Info
312-275-3137

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.