4642 N Magnolia Avenue
Chicago, IL, 60640
$4,200,000
Beds
0 Baths
0 SqFt
0 Acres
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$4,200,000
4642 N Magnolia Avenue
Chicago, IL, 60640
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Introducing an exceptional new construction investment opportunity, this sleek and sophisticated six-unit building offers the perfect combination of luxury and functionality. Oversized deep lot creates expansive layouts, providing large living and bedroom spaces. The building comprises of Two 4-bedroom, 2.5-bath duplex down homes -Two 2-bedroom, 2-bath simplex middle floor units – and Two 2-bedroom, 2-bath penthouse units with interior staircases to private roof decks including an oversized doghouse with wet bars. Each unit is thoughtfully designed with an emphasis on quality and style, featuring: Brand-new gourmet kitchens equipped with professional-grade appliances, stone countertops, and full-height backsplashes. Custom bathrooms with luxurious finishes including heated floors and steam showers. The building is secured with gated, private parking, offering a designated space for each unit, including power for electric vehicles. The standout facade combines timeless brick and limestone, creating a visually stunning exterior that makes a statement. Top-tier construction with concrete soundproofing, hardwood floors throughout, and custom trim in every detail. Built to condo-quality standards, this property offers durability and luxury in one investment package. Whether for long-term rental or future resale, this is an unparalleled opportunity for premium urban living.

Property Details

Price:
$4,200,000
MLS #:
MRD12316161
Status:
Active
Beds:
0
Baths:
0
Address:
4642 N Magnolia Avenue
Type:
Commercial
Neighborhood:
CHI – Uptown
City:
Chicago
Listed Date:
Mar 26, 2025
State:
IL
ZIP:
60640
Year Built:
2024

Schools

Interior

Cooling
Central Air
Fireplaces Total
6

Exterior

Construction Materials
Brick
Roof
Membrane

Financial

Net Operating Income
$269,354
Tax Year
2023
Taxes
$10,254
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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4642 N Magnolia Avenue
Chicago, IL