Chicago, IL 60640 4870 N Magnolia Avenue
$825,000



39 more








































Presented By: Dream Town Real Estate
Home Details
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 improvements include roof updates, windows, plumbing, and HVAC, as well as cosmetic upgrades, such as 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 features a detached 2-car garage, a storage shed, and a fenced-in yard. Situated in a desirable location, with proximity to attractive neighborhoods and easy transit access, this property offers excellent income potential due to high rental demand. 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!
Presented By: Dream Town Real Estate
Interior Features for 4870 N Magnolia Avenue
Bedrooms
Bedrooms Possible5
Total Bedrooms5
Bathrooms
BathroomNo Tub
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementFinished, Full
Total Number of Units2
Other Rooms
Room TypeUtility Room-Lower Level
General for 4870 N Magnolia Avenue
Additional Parcels Y/NNo
CityChicago
Community FeaturesCurbs, Gated, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick
CountyCook
DirectionsWest side of Magnolia between Gunnison and Ainslie
Elementary SchoolMccutcheon Elementary School
Elementary School District299
Garage Spaces2
HeatingNatural Gas, Forced Air, Sep Heating Systems - 2+
High SchoolSenn High School
High School District299
MLS AreaCHI - Uptown
Middle/Junior High SchoolMccutcheon Elementary School
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11861.84
Tax Year2023
Total Rooms11
TownshipLake View
Virtual TourClick here
Waterfront Y/NNo
Year Built1900
ZoningMULTI
Exterior for 4870 N Magnolia Avenue
Foundation DetailsConcrete Perimeter
Lot Dimensions25X180
Other EquipmentCeiling Fan(s)
Parking FeaturesOn Site, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan
Additional Details
Price History
Schools
High School
Senn High School
Middle School
Mccutcheon Elementary School
