Chicago, IL 60640,4870 N Magnolia AVE
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Chicago, IL 60640,4870 N Magnolia AVE
Chicago, IL 60640,4870 N Magnolia AVE
Chicago, IL 60640,4870 N Magnolia AVE
Chicago, IL 60640,4870 N Magnolia AVE
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$ 825,000
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4870 N Magnolia AVE Chicago, IL 60640

5 Beds

3 Baths


UPDATED:

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


Midwest Real Estate Data (MRED) IDX
Listed by Mark Keppy • Dream Town Real Estate
agent

Laurie Field

Real Estate Advisor

+1(312) 504-7010

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4870 N Magnolia AVE