IL > Chicago
Chicago, IL 60640,4870 N Magnolia Avenue
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Chicago, IL 60640,4870 N Magnolia Avenue
Chicago, IL 60640,4870 N Magnolia Avenue
Chicago, IL 60640,4870 N Magnolia Avenue
Chicago, IL 60640,4870 N Magnolia Avenue
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Bruce Glazer

Bruce Glazer

+1(765) 914-8199
$ 825,000
Est. payment /mo
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4870 N Magnolia Avenue Chicago, IL 60640

6 Beds

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12355565

Bedrooms 6

Year Built 1900

Annual Tax Amount $11,861

Tax Year 2023

Lot Dimensions 25X180

Property Sub-Type Two to Four Units

Property Description

Legal 2 unit (not a 3 unit) with 3 bedrooms top floor and a 3bed/2bth/2 kitchen duplex down (basement can be it's own unit. The basement height is 6 ft 5 at it's highest point - you take the back interior stairs to get to basement) 25 x 180 oversized lot! Rental comps around 2500 and 3500 for a total of 6k a month. 2025 renovations include nearly everything from structural, including new roof, windows, plumbing, and HVAC, to cosmetic, including drywall, insulation, floor finishes, lighting, cabinetry, appliances, and a fully finished lower level. Both units are move-in ready, ensuring a smooth transition for new tenants. The property also comes with a detached 2-car garage, storage shed, and fenced-in yard. Great uptown loaction on small 2 block run of Magnolia - close to the train, lake and shopping districts. Great rent potential and an area that is appreciating very fast. Whether you're seeking a turnkey investment or a property to live in while generating rental income, this 2-unit building presents a fantastic opportunity. - Gas Forced heat, central AC, new kitchens, Washer and Dryer on EVERY floor. HUGE backyard

Location

State IL

County Cook

Community Curbs, Gated, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Asphalt

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Mccutcheon Elementary School

Middle Schools Mccutcheon Elementary School

High Schools Senn High School

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sophia Klopas • Jameson Sotheby's Int'l Realty
agent

Bruce Glazer

+1(765) 914-8199

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4870 N Magnolia Avenue