718 W Cornelia Avenue, Chicago, IL 60657 - Photo 1

1/1

$1,365,000

Sold
Closed
Multi-Family
7 Total Beds

1/1

Property Description

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.

Full Property Details

Full Property Details for 718 W Cornelia Ave

General

Sold For: $1,365,000
Taxes: $24,573 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12515608
Added to Site: 64 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 7

Exterior

Exterior Features: Balcony

Location

Area: CHI - Lake View
County: Cook
Driving Directions: North/South on Broadway and West on Cornelia to 718.

School Information

School District: 299
Midd School District: 299
Elementary School: Nettelhorst Elementary School
Middle School: Nettelhorst Elementary School
High School: Lake View High School
Private School: Lake View High School

Heating & Cooling

Heating Type: Natural Gas, Electric, Radiator(s)

Utilities

Water: Public

Structural Information

Architectural Style: Other
Construction: Brick
Exterior Const.: Brick
Basement Desc.: Finished, Full
Foundation: Concrete Perimeter
Roof: Flat
Windows: Screens
Year Built: 1915
Built Before 1978: Yes

Unit Information

Units in Building: 4

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.07
Lot Size Range: Less than .25 Acre
Lot Dimensions: 25 x 137
Lot Features: None
Zoning: MULTI

Financial Considerations

Assessment Year: 1915
Tax Amount: $24,573.99
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 14213020170000

Listed by Fulton Grace Realty
Sold by Kale Realty

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Listing agent

— 718 W Cornelia Ave —

Fulton Grace Realty

jmcclure@fultongrace.com

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Schools

Schools serving 718 W Cornelia Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Nettelhorst Elementary School 3252 North Broadway, Chicago, IL 60657	PK-8	0.3 mi
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613	9-12	1.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 718 W Cornelia Ave

Date

Details

Price

Change

Source

12/18/2025

Sold

$1,365,000

-7.46%

MLS

11/12/2025

Listed

$1,475,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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718 W Cornelia Avenue, Chicago, IL 60657 (MLS# 12515608) is a Multi-Family property that was sold at $1,365,000 on December 18, 2025. Want to learn more about 718 W Cornelia Avenue? Do you have questions about finding other Multi-Family real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

718 W Cornelia Ave Chicago, IL 60657