Active
4870 N Magnolia Avenue
Chicago IL, 60640
$899,000
Active
5 Beds
3 Baths
Multi-family
Built in 1900
Courtesy of Dream Town Real Estate
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 renovations include nearly everything from structural, including a new roof, windows, plumbing, and HVAC, to cosmetic, including 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 comes with a detached 2-car garage, storage shed, and fenced-in yard. Situated in a desirable location and proximity to desirable neighborhoods and easy transit access, with high rental demand, this property provides excellent income potential. 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!
12266859
MLSⓇ ID
January 8, 2025
Listed
January 14, 2025
Updated
Map
4870 N Magnolia Avenue
Chicago IL, 60640
Interior Features
Bedrooms
5
Total Bathrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas, Forced Air, Sep Heating Systems - 2
Exterior/Building Features
Exterior Features
Patio, Storms/Screens
Sewer
Public Sewer
School Information
School District
299
High School
Senn High School
Elementary School
Mccutcheon Elementary School
Other Property Details
Area Name
CHI - Uptown
Taxes
$11,862
Tax Frequency
Annually
Days on Market
7
Garage
Yes
Garage Spaces
2
Parking Total
2
View
No
County
Cook
Municipality
Lake View
Water Source
Lake Michigan
Pool
No
Zoning
MULTI
Courtesy of Dream Town Real Estate, Mark Keppy,
Listing Contact: 773-301-6332
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Zip Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 1/14/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 8:17 AM UTC, 1/14/2025
