4870 N Magnolia Avenue Chicago, IL 60640
Listing Courtesy of: Midwest Real Estate Data / Dream Town Real Estate

  4870 N Magnolia Avenue Chicago, IL 60640

Contingent (101 Days)
$825,000
5
BED
3
BATH

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 renovations include nearly everything from structural, including roof updates, 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!

MLS #:
12266859
Taxes
$11,862(2023)
Type
Multifamily
Year Built
1900
School District
299
County
Cook County

Listed By

Mark Keppy, Dream Town Real Estate
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Apr 19 2025 at 6:32 AM GMT+0000
Bathroom Details
Interior Features
  • Ceiling Fan(s)
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Natural Gas
  • Forced Air
  • Sep Heating Systems - 2+
Basement Information
  • Finished
  • Full
Exterior Features
  • Brick
Utility Information
  • Utilities: Water Source: Lake Michigan
  • Sewer: Public Sewer
School Information
  • Elementary School: McCutcheon Elementary School
  • Middle School: McCutcheon Elementary School
  • High School: Senn High School
Parking
  • On Site
  • Garage Owned
  • Detached
  • Garage
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.