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$319,000 Contingent
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Property Description
HIGHEST AND BEST IS DUE TUESDAY, 3/24 AT 6PM. Welcome home to this beautifully updated 2-bedroom residence in a charming vintage courtyard building in the heart of East Lakeview. This bright and spacious home blends classic Chicago character with thoughtful modern updates. A welcoming foyer opens to an expansive living room featuring oversized bay windows that flood the space with natural light and create the perfect setting for relaxing or entertaining. The adjacent formal dining room offers generous space for gatherings and flows seamlessly toward the kitchen. The updated kitchen features white cabinetry, granite countertops, stainless steel appliances, and the rare convenience of in-unit laundry, along with a rear service entry. Hardwood floors, crown molding, and classic architectural details run throughout the home. The large primary bedroom enjoys excellent natural light from multiple exposures, while the second bedroom provides flexible space for guests, a home office, or den. A well-appointed full bath with soaking tub completes the layout. Located in a well-maintained courtyard building just steps from the lakefront, Belmont Harbor, public transportation, restaurants, and vibrant Lakeview shopping and nightlife.
Full Property Details
Full Property Details for 540 W Cornelia Ave #2S
General
- Price: $319,000
- HOA FEE: $655/month
- Taxes: $6,148 (2024)
- Status: Contingent
- Type: Condo
- Source: MRED
- MLS ID: 12590297
- Updated: 3/26/2026
- Added to Site: 18 day(s) ago
Interior
- Basement: None
- Interior Features: Storage
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: Cable TV, Intercom, Carbon Monoxide Detectors, Ceiling Fan(s)
Parking
- Parking Features: Off Site
Location
- Area: CHI - Lake View
- County: Cook
- Township: Lake View
- Driving Directions: Broadway to Cornelia east to 540; Cornelia is one way east
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Nettelhorst Elementary School
- High School: Lake View High School
- Private School: Lake View High School
Community
- Assoc. Fees Include: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Premier Management Services
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Courtyard, Low-Rise (1 to 3 Stories), Vintage
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Sub-Flooring: Hardwood
- Entry Floor Number: 2
- Stories/Levels: 3
- Square Feet: 1,100
- Sq. Ft. Source: Estimated
- Year Built: 1920
- Built Before 1978: Yes
- Remodeled/Updated: 2009
Unit Information
- Units in Building: 28
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $655
- Assoc Fee Freq.: Monthly
- Assessment Year: 1920
- Tax Amount: $6,148.92
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 14211120151027
Listed by Fulton Grace Realty
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Schools
Schools serving 540 W Cornelia Ave #2S
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nettelhorst Elementary School 3252 North Broadway, Chicago, IL 60657 | PK-8 | 0.4 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 540 W Cornelia Ave #2S
Date
Details
Price
Change
Source
3/17/2026
Listed
$319,000
13.93%
MLS
7/27/2021
Sold
$280,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 540 W Cornelia Ave #2S
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,201
3%
$27,967
—
2022
$5,049
-10%
$27,967
—
2021
$5,624
9%
$27,967
21%
2020
$5,139
1%
$23,068
-9%
2019
$5,076
2%
$25,266
—
2018
$4,991
-5%
$25,266
3%
2017
$5,265
7%
$24,457
—
2016
$4,898
9%
$24,457
—
2015
$4,482
-3%
$24,457
-1%
2014
$4,601
2%
$24,800
—
2013
$4,510
1%
$24,800
—
2012
$4,450
—
$24,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 540 W Cornelia Ave #2S
540 W Cornelia Avenue #2S, Chicago, IL 60657 (MLS# 12590297) is a Condo property with 2 bedrooms and 1 full bathroom. 540 W Cornelia Avenue #2S is currently listed for $319,000 and was received on March 17, 2026. Want to learn more about 540 W Cornelia Avenue #2S? Do you have questions about finding other Condo real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

