4870 N Magnolia AVE Open House Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60640
OPEN HOUSE
Sun Feb 09, 12:00pm - 2:00pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12266859
Bedrooms 5
Year Built 1900
Annual Tax Amount $11,861
Tax Year 2023
Lot Dimensions 25X180
Property 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 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!
Location
State IL
County Cook
Area Chi - Uptown
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas,Forced Air,Sep Heating Systems - 2+
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Exterior Feature Patio,Storms/Screens
Parking Features Detached
Garage Spaces 2.0
Community Features Curbs,Gated,Sidewalks,Street Lights,Street Paved
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
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