Homes for sale - 4870 N Magnolia Avenue, Chicago, IL 60640

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Melissa Overman

melissaoverman@gmail.com +1(815) 210-5141

$ 899,000

Est. payment | -/mo

5 Beds

Save Virtual Tour

$ 899,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

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

Community Curbs, Gated, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Fireplace N

Exterior

Exterior Feature Patio, Storms/Screens

Parking Features Detached

Garage Spaces 2.0

View Y/N true

Building

Foundation Concrete Perimeter

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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(815) 210-5141

melissaoverman@gmail.com

50 S Main St, Naperville, IL, 60540, USA

4870 N Magnolia Avenue Chicago, IL 60640