4870 N Magnolia Avenue
Chicago, IL, 60640
$874,999
5 Beds
3 Baths
0 SqFt
0 Acres
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$874,999
4870 N Magnolia Avenue
Chicago, IL, 60640
MLS #MRD12266859 img 0MLS #MRD12266859 img 1MLS #MRD12266859 img 2MLS #MRD12266859 img 3MLS #MRD12266859 img 4MLS #MRD12266859 img 5MLS #MRD12266859 img 6MLS #MRD12266859 img 7MLS #MRD12266859 img 8MLS #MRD12266859 img 9MLS #MRD12266859 img 10MLS #MRD12266859 img 11MLS #MRD12266859 img 12MLS #MRD12266859 img 13MLS #MRD12266859 img 14MLS #MRD12266859 img 15MLS #MRD12266859 img 16MLS #MRD12266859 img 17MLS #MRD12266859 img 18MLS #MRD12266859 img 19MLS #MRD12266859 img 20MLS #MRD12266859 img 21MLS #MRD12266859 img 22MLS #MRD12266859 img 23MLS #MRD12266859 img 24MLS #MRD12266859 img 25MLS #MRD12266859 img 26MLS #MRD12266859 img 27MLS #MRD12266859 img 28MLS #MRD12266859 img 29MLS #MRD12266859 img 30MLS #MRD12266859 img 31MLS #MRD12266859 img 32MLS #MRD12266859 img 33MLS #MRD12266859 img 34MLS #MRD12266859 img 35MLS #MRD12266859 img 36MLS #MRD12266859 img 37MLS #MRD12266859 img 38MLS #MRD12266859 img 39MLS #MRD12266859 img 40MLS #MRD12266859 img 41MLS #MRD12266859 img 42
Open House Feb 02, 2025
12:00 – 02:00
Open House Feb 01, 2025
11:00 – 01:00
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!

Property Details

Price:
$874,999
MLS #:
MRD12266859
Status:
Active
Beds:
5
Baths:
3
Address:
4870 N Magnolia Avenue
Type:
Multi Family
Neighborhood:
CHI – Uptown
City:
Chicago
Listed Date:
Jan 8, 2025
State:
IL
ZIP:
60640
Year Built:
1900

Schools

School District:
299
Elementary School:
Mccutcheon Elementary School
Middle School:
Mccutcheon Elementary School
High School:
Senn High School

Interior

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

Exterior

Community Features
Curbs, Gated, Sidewalks, Street Lights, Street Paved
Exterior Features
Patio, Storms/ Screens
Parking Spots
2

Financial

Tax Year
2023
Taxes
$11,862
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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4870 N Magnolia Avenue
Chicago, IL