4870 N Magnolia Avenue
Chicago, IL 60640
- 6 beds
- 3 baths
- – sqft
- 4,356 sqft lot
- 1899 build
- – on site
Come check out this gut-rehabbed 2-flat + finished basement in Uptown / Andersonville! Potential gross rents of $74,400 annually once rented out! Please view photos 44 & 45 for proforma rent roll and operating statement if property were to be fully rented out. Located on a 25x180 sq. ft. lot on a quiet residential street, this property is the perfect place for a new owner in search of a big backyard to call home. 4870 N Magnolia was recently renovated with all new utilities and as of November 2024, BRAND NEW WINDOWS, FRESH PAINT, AND TRIM THROUGHOUT IN ADDITION TO THE RENOVATIONS COMPLETED EARLIER THIS YEAR. The bathrooms feature brand new finishes and the property still shows its original style and character. The first floor is a 2br/1ba apartment, second floor is 3br/1ba, and the basement has a sink and additional bedroom, allowing for a potential 3rd unit or duplex down with the first floor. Basement even features a cellar for additional storage or creative wine cellar! The second floor 3br/1ba has living and dining rooms - the front living room can easily be converted into a large master bedroom with the current bedroom as a massive walk-in closet. This would make for a PERFECT owner-user unit. Truly no major expenses left for the buyer of this beautiful building. We are officially priced to sell - bring your clients to check it out today! Full offering memorandum is available upon request.
Last checked:
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Last updated Nov 21, 2024
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MLS# 12169093 —
The Building
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Year Built:1899
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Rebuilt:No
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New Construction:false
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Basement:Full
Interior
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Rooms Total:11
Location
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Directions:Property is located on the west side of Magnolia Ave, north of W Lawrence Ave and west of N Broadway Ave. It backs up to St. Boniface Cemetery in the rear
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Location:87527
The Property
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Parcel Number:14083170190000
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Property Type:Residential Income
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Lot Size Dimensions:25X180
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Lot Size Acres:0.1
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 533-8899
- Office phone:
- (312) 533-8899
Taxes
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Tax Year:2023
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Tax Annual Amount:11861
Beds
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Bedrooms Total:6
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Bedrooms Possible:6
Baths
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Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Water Source:Lake Michigan
Schools
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Elementary School District:130
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Middle Or Junior School District:130
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High School District:130
Parking
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Parking Total:2
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/18/24
Nov 18, 2024
|
Price Changed | MRED | $899,900 | -2.9% |
|
10/22/24
Oct 22, 2024
|
Price Changed | MRED | $927,000 | -6.8% |
|
10/10/24
Oct 10, 2024
|
Price Changed | MRED | $995,000 | -5.2% |
