4870 N Magnolia AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60640
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12342672
Bedrooms 5
Year Built 1900
Annual Tax Amount $11,861
Tax Year 2023
Lot Dimensions 25X180
Property Sub-Type Two to Four Units
Property Description
Welcome to this charming 2-unit apartment building, recently refreshed in November 2024! This property offers a blend of classic charm and modern updates, making it an ideal investment opportunity. Recent improvements include roof updates, windows, plumbing, and HVAC, as well as cosmetic upgrades, such as drywall, insulation, floor finishes, lighting, cabinetry, appliances, and a fully finished basement. Both units are move-in ready, ensuring a smooth transition for new tenants. The property also features a detached 2-car garage, a storage shed, and a fenced-in yard. Situated in a desirable location, with proximity to attractive neighborhoods and easy transit access, this property offers excellent income potential due to high rental demand. 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. Don't miss out on this well-maintained property with strong earning potential!
Location
State IL
County Cook
Area Chi - Uptown
Zoning MULTI
Rooms
Basement Finished,Full
Interior
Heating Natural Gas,Forced Air,Sep Heating Systems - 2+
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Garage Spaces 2.0
Community Features Curbs,Gated,Sidewalks,Street Lights,Street Paved
Building
Dwelling Type Two to Four Units
Building Description Brick, No
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