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    Roscoe Village Multifamily Investment Opportunity Title is generated by Realmo AI

    2239 W Cornelia Ave, Chicago, IL 60618

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    Two buildings, five apartments, prime location, value-add potential.

    Type:Multifamily
    Added:
    May 2, 2024
    Days on Market:
    770
    Last Refresh:
    May 12 at 8:23 pm

    Property Features for 2239 W Cornelia Ave

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    Building Details

    Year Built
    1914

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    Listing Contact
    Luminita Ispas

    Listing agent Luminita Ispas License #IL

    Listing office Century 21 S.G.R., Inc.

    Listing date May 2, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Century 21 S.G.R., Inc.

    HighLights

    • Prime Roscoe Village location: just 3 blocks from the Brown Line and 1 block from Roscoe Street shops and restaurants.
    • Two buildings on one corner lot, featuring a total of 5 apartments.
    • Coach House fully gut‑rehabbed in 2021: boasting new plumbing, electrical, HVAC, siding, walls, windows, designer kitchens and baths, and in‑unit washer/dryer.
    • Main building basement waterproofed and remodeled in 2022 with stainless steel appliances, new hot water heater, and beautiful finishes.
    • Eligible for the City of Chicago's ADU Pilot Program, enhancing investment appeal.
    • Long‑term tenants with under‑market rents, offering potential for increased income.

    Overview

    Located in the heart of Roscoe Village, this property features two buildings situated on a corner lot. The location is three blocks from the Brown Line and one block from Roscoe Street, with its restaurants, boutiques, and shopping. The property includes a main building with three units and a coach house with two units. The coach house was gut-rehabbed in 2021, including new plumbing, electrical, HVAC, siding, walls, windows, designer kitchens, baths, and a washer/dryer in each unit. The front building's basement was waterproofed and remodeled in 2022, featuring stainless steel appliances, and a new hot water heater. All tenants are long-term tenants. There is potential for value add in the kitchens. The property is eligible for the City of Chicago's ADU Pilot Program.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6849189
    Latitude
    41.9448419

    FAQs

    What type of property is this?
    Apartment building - Two buildings, five apartments, prime location, value-add potential.
    Where is this apartment building located?
    The property is located at 2239 W Cornelia Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: Prime Roscoe Village location: just 3 blocks from the Brown Line and 1 block from Roscoe Street shops and restaurants.; Two buildings on one corner lot, featuring a total of 5 apartments.; **Coach House fully gut‑rehabbed in 2021**: boasting new plumbing, electrical, HVAC, siding, walls, windows, designer kitchens and baths, and in‑unit washer/dryer.
    More about this property
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