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718 W Cornelia Avenue Chicago, IL $ 1,475,000
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$ 1,475,000 Get more info
718 W Cornelia Avenue
$ 1,475,000
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Share Save

718 W Cornelia Avenue

Chicago, IL, 60657
$ 1,475,000
Bedrooms7 Baths4.0

Monthly Estimate*

$ 9,202

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View a Virtual Tour

Multi-Family Home for sale in Chicago, IL

for $1,475,000 with 7 bedrooms and 4 full baths. This home was built in 1915 on a lot size of 0.07.

Welcome to 718 W Cornelia, a rare legal 4-unit property in the heart of East Lakeview. Fully leased through mid-2026, this investment opportunity blends updated interiors, strong rental income, and unbeatable location just blocks from the lakefront. The property features three spacious 2-bed/1-bath units plus a garden 1-bed/1-bath + den. Each floor offers distinct charm with hardwood, laminate, or tile flooring, updated kitchens, and modern bathrooms. Units 1-3 enjoy in-unit laundry and pantries, while the garden unit offers basement coin laundry access and utilities included. A shared backyard creates additional outdoor appeal. Easy street parking nearby. Nestled between Broadway, Halsted, Addison, and Belmont corridors, this building's location offers instant access to shops, restaurants, parks, CTA train lines, and CTA bus routes. With leases secured until May and June 2026, 718 W Cornelia delivers turnkey & value add opportunities. Schedule your tour today to see this exceptional East Lakeview opportunity! Sold AS-IS.

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Multi-Family Contingent

Price

$ 1,475,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 24,573

Style

Lot Size

0.07

Year Built

1915

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12515608
Features
General
Sewer Public Sewer
Heating Natural Gas Electric Radiator(s)
Possession Specific Tenant's Rights
Roof Flat
Zoning MULTI
Architectural Style Other
Construction Materials Brick
Year Built 1915
Township Lake View
Tax Year 2023
Ownership Fee Simple
Gross Income 129588
Community Features Gated
County Cook
Insurance Expense 4308
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Other Structures None
Total Rooms 23
Status Contingent
Directions North/South on Broadway and West on Cornelia to 718.
High School Lake View High School
City Chicago
High School District 299
MLS Area CHI - Lake View
Elementary School Nettelhorst Elementary School
Tax Annual Amount 24573.99
Electric Expense 2027
Fuel Expense 3652
Middle/Junior High School Nettelhorst Elementary School
Water Sewer Expense 2885
Additional Parcels Y/N N
Virtual Tour https://real.vision/718-west-cornelia-avenue/tour?o=u
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 7
Total Baths 4
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Exterior Amenities Balcony
Lot Features None
Water Source Public
Total Parking 0
Foundation Details Concrete Perimeter
Lot Dimensions 25 x 137
Lot Size Acres 0.07
Waterfront Y/N N
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* Excluded Features
List By
Fulton Grace Realty

Broker

jmcclure@fultongrace.com

Email

Affordability Calculator

$11,250
Per Month
82%
18%
0%
Monthly Principal & Interest
$9,202
Monthly Property Taxes
$2,048
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
568142 Elementary School
568142 Middle School
Lake View High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/12/2025$1,475,000 Listed Price

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718 W Cornelia Avenue, Chicago, IL, 60657 is a Multi-Family Home for sale at $1,475,000 with a lot size of 0.07. 718 W Cornelia Avenue has 7 bedrooms, 4.0 baths, and was built in 1915. The property's zip code is 60657 which is in Chicago, IL

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