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Chicago 60634 Portage Park
6155 W Cornelia Avenue
$565,000
● House - Off Market

6155 W Cornelia Avenue

Chicago, IL 60634
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,300 Ft²
$2,955
Est. Monthly
8.29%
Cap Rate

About This Property

Step into effortless living with this impeccably upgraded 4bed, 3bath home in Chicago's soughtafter Dunning neighborhood. Every costly improvement has already been tackled, so you can focus on adding your personal style.  New furnace, tankless water heater, AC condenser, full insulation throughout, new kitchen appliances, roof, siding, real hardwood floors, epoxy flooring in the basement, and gutters, to name a few.  Come and make this your forever home!
Unit Size
2,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1928

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,158
  • Total Building Area: 1,090
  • Gross Building Area: 1,090
  • Building Area: 1,090
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,090
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 171100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-20-310-002-0000
  • Meridian: SEC 20 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9437
  • Longitude: -87.781

    Address

  • Full Address: 6155 W Cornelia Ave
  • Address - House Number: 6155
  • Street Direction: W
  • Address - Street Name: Cornelia
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 4118
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $129,581
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 376,777
  • High Value: 462,811
  • Low Value: 290,744

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $116,420
  • Market Improvement Value: $173,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $11,642
  • Assessed Improvements Value: $17,358
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest Side

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$285

Above Asking

0.00%

Average Days on Market

42

Average Home Size

1211 ft²

Average Home Age

78 years

Currently For Sale

789 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4414 N Nagle Avenue, Harwood Heights, IL, 60706

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,248 ft²
4414 N Nagle Avenue, Harwood Heights, IL, 60706 Listing by Brendan Murphy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Leslie Tapia, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12422832
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 6155 West Cornelia Avenue built and last sold?
The property at 6155 West Cornelia Avenue was built in 1928 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6155 West Cornelia Avenue is $588,020.
What are some comparable homes to 6155 West Cornelia Avenue?
There are currently no comparable homes to 6155 West Cornelia Avenue.
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