4870 N Magnolia Avenue
Chicago, IL, 60640
$825,000
5 Beds
3 Baths
0 SqFt
0 Acres
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$825,000
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 42MLS #MRD12266859 img 43
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 roof updates, 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:
$825,000
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 41 years in the real estate business.

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4870 N Magnolia Avenue
Chicago, IL