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1045 West Cornelia Avenue

1045 West Cornelia Avenue, Chicago, IL 60657
Property in Lakeview
1 Units For Sale
Unit for sale at 1045 W Cornelia Avenue, Chicago, IL 60657

$9,395,000

  • Commercial
1045 W Cornelia Avenue, Chicago, IL 60657 Listing by Jason Rowland

1045 West Cornelia Avenue in Chicago, IL was first built in 1890 and is 134 years old. This has been categorized as a unknown property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1045 West Cornelia Avenue has 1,920 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,750 square feet.

Learn more about the property and building on this page. The roof of the home is made of unknown. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with unknown control joints. The condition of the building has been evaluated as unknown. Walk into the home itself and you'll find that it is currently being cooled with unknown. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1045 West Cornelia Avenue sold most recently in Feb 28, 2017 for a total of $9,000,000. If you work out the math, that's approximately a cost of $4,687.50 per sqft. Before that, the property was also sold for $1,560,000 in Jun 5, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $51,456 in taxes each year. 1045 West Cornelia Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $250,173. If we break it down further, the land itself was valued at $38,750. Improvements to the property, however, were assessed at a total of $211,423. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1890
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,750
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: E J LEHAMANS
  • Land Acres: 0.178
  • Legal Description 1: LOT 35 EXCEPT W 19 69 FT ALL OF LOT 36 IN BLK 6 IN E J LEHAMANS SUB NW4 SE4 OF SEC20 T40N R14E 3P

Ownership

  • Current Owner : CA RESIDENTIAL 1045 W CORNELIA LLC
  • Previous Owner : 1045 CORNELIA LLC
  • Owner Before Previous Owner: FENNER KENNETH A
  • Owner Before Previous Owner 2: FENNER CHRISTIANE D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062200

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 009-100-03
  • District: 73
  • Parcel: 14-20-409-030-0000
  • Block: 6
  • Lot: 35
  • Meridian: SEC 20 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9452
  • Longitude: -87.6558

    Address

  • Full Address: 1045 W Cornelia Ave
  • Address - House Number: 1045
  • Street Direction: W
  • Address - Street Name: Cornelia
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C032
  • 4-Digit Zip Code: 1505
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $51,456
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,489,647
  • High Value: 1,870,280
  • Low Value: 1,109,013

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,925,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Loan Amount: $5,925,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $2,501,730
  • Market Land Value: $387,500
  • Market Improvement Value: $2,114,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,173
  • Assessed Land Value: $38,750
  • Assessed Improvements Value: $211,423

    Sales

  • Current Sale Contract Date: Feb 28, 2017
  • Current Sale Recording Date: Mar 08, 2017
  • Current Sale Transaction ID: 1992302435
  • Current Sale Price: $9,000,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 1706719029
  • Previous Sale Recording Date: Jun 22, 2015
  • Previous Sale Contract Date: Jun 05, 2015
  • Previous Sale Amount: $1,560,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 08, 2017
  • First Mortgage Loan Amount: $5,850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: unknown

About North Side



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Frequently Asked Questions

What neighborhood is 1045 West Cornelia Avenue located in?
The 1045 West Cornelia Avenue is a located in the neighborhood of Lakeview in North Side, Chicago.
How many listings are currently for sale in 1045 West Cornelia Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1045 West Cornelia Avenue?
The average sales price for units in 1045 West Cornelia Avenue is $9,395,000 currently.

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