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Carly Jones

[email protected] +1(312) 391-3170

$ 874,999

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Price Dropped by $24K

4870 N Magnolia AVE Chicago, IL 60640

5 Beds

3 Baths

OPEN HOUSE

Sat Feb 01, 11:00am - 1:00pm

Sun Feb 02, 12:00pm - 2:00pm

UPDATED:

01/29/2025 08:01 AM

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

Listed by Mark Keppy • Dream Town Real Estate

Carly Jones

Founding Real Estate Advisor

+1(312) 391-3170

Carly Jones

4870 N Magnolia AVE Chicago, IL 60640

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4870 N Magnolia AVE