4870 N Magnolia Avenue
Chicago, IL 60640
- 5 beds
- 3 baths
- – sqft
- 4,500 sqft lot
- 1900 build
- – on site
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!
Last checked:
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Checking…
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Last updated Jan 9, 2025
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MLS# 12266859 —
Upcoming Open Houses
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Saturday, 1/11
12pm-2pm -
Sunday, 1/12
12pm-2pm
The Building
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Year Built:1900
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Rebuilt:No
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New Construction:false
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Basement:Full
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Foundation Details:Concrete Perimeter
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Exterior Features:Patio, Storms/Screens
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Other Equipment:Ceiling Fan(s)
Interior
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Room Type:Utility Room-Lower Level
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Rooms Total:11
Location
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Directions:West side of Magnolia between Gunnison and Ainslie
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Location:84729
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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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 301-6332
- Office phone:
- (773) 326-6500
Taxes
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Tax Year:2023
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Tax Annual Amount:11861.84
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:3
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Full Baths:3
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air, Sep Heating Systems - 2+
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School:Mccutcheon Elementary School
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Elementary School District:299
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Middle Or Junior School:Mccutcheon Elementary School
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Middle Or Junior School District:299
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High School:Senn High School
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High School District:299
The Community
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Community Features:Curbs, Gated, Sidewalks, Street Lights, Street Paved
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
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Garage Ownership:Owned
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 |
|---|---|---|---|---|
|
1/8/25
Jan 8, 2025
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Listed / Active | MRED | $899,000 | 86.5% (14.2% / YR) |
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11/18/24
Nov 18, 2024
|
Price Changed | MRED | ||
|
10/22/24
Oct 22, 2024
|
Price Changed | MRED |
