4143 W Cornelia Avenue

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4143 W Cornelia Avenue

Chicago, IL 60641
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 4143 W Cornelia Avenue
  • Situated within the established Irving Park neighborhood in Chicago
  • Property resides in a dense urban residential market area
  • Strategic location offers access to major Chicago transit arteries
  • Asset type suitable for long-term residential rental investment

What's Special

This multifamily apartment building is situated at 4143 W Cornelia Avenue in the Irving Park neighborhood of Chicago, Illinois. Positioned within a dense residential pocket of the city, the property benefits from the established urban infrastructure and consistent demand for rental housing characteristic of the greater Chicago metropolitan area. Its location provides tenants with access to a variety of public transportation options and major surface thoroughfares connecting to the downtown core and surrounding suburbs. Residential investments in this submarket often cater to long-term renters seeking proximity to local neighborhood amenities, parks, and schools. The layout of the asset supports diverse tenant profiles, ranging from young professionals to small families, due to the city's robust economy and large workforce. Potential investors should note the building's placement within a neighborhood known for its historic housing stock and steady community growth, making it a viable addition to a residential investment portfolio focused on long-term stability and consistent occupancy rates.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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