4870 N Magnolia AVE Open House Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60640
OPEN HOUSE
Sat May 17, 11:00am - 12:30pm
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 with 3 bedrooms top floor and a 3bed/2bth/2 kitchen duplex down (or easy 2 sep units)! 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
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
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, Yes
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