USAILChicago4870 N Magnolia Ave
4870 N Magnolia Ave, Home with 6 bedrooms, 3 bathrooms and 2 parking in CHICAGO IL | Image 1
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$800,000

4870 N Magnolia Ave, Chicago, IL

Real Estate

For Sale

$--,---,---
632
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $11,862
Days Active 2
Lot Size 
Approx. Age 1900
MLS® Number 12422656

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

WALK THRU VIDEO ON VIRTUAL TOUR BUTTON. Legal 2 unit (not a 3 unit - BEDROOMS CAN HOLD TWIN BEDS) with 3 bedrooms top floor and a 3bed/2bth/2 kitchen duplex down (basement can be it's own unit. The basement height is 6 ft 5 at it's highest point - you take the back interior stairs to get to basement) 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. BUYERS FINANCING FELL APART 2 DAYS BEFORE CLOSINGShow Description
MLS® Number12422656
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementFinished, Full
DrivewayOn Site, Garage Owned, Detached, Garage
Garage Spaces
HeatNatural Gas, Forced Air, Sep Heating Systems - 2+
A/C
Heating Fuel

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