5844 N MAGNOLIA Avenue
Chicago, IL, 60660
$975,000
11 Beds
7 Baths
SqFt
0 Acres
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$975,000
5844 N MAGNOLIA Avenue
Chicago, IL, 60660
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Amazing 3+ Unit Property in Andersonville/Edgewater (Legal 3+ Garden In-Law Apartment) Oversized Lot 3535 sq. ft. and building recorded as 6315 sq. ft + Full Basement! Lot is essentially all building with amazing Patio Space! Great for Owner Occupiers and Fantastic Value Add+ Opportunity! Update or keep as is and collect rent. Units 1,2 & 3 – Roughly 2100 sq. ft. each 3 Bed 2 Bath, In-law unit 2 bed 1 bath! Boiler Building in Great Condition. Roof and Tuckpointing done in 2021! Most Windows Replaced in the last 8 years. Water Heater 2014. Each unit currently has free private washer/dryer in basement. Large rear patio with furniture for tenants to enjoy! You will be impressed!! Cap Rate: 6.95. Gross rent multiplier: 10.00

Property Details

Price:
$975,000 / $958,400
MLS #:
MRD11492572
Status:
Closed ((Sep 28, 2022))
Beds:
11
Baths:
7
Address:
5844 N MAGNOLIA Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Aug 15, 2022
State:
IL
ZIP:
60660

Schools

School District:
299
Elementary School:
Swift Elementary School Specialt
High School:
Senn Achievement Academy High Sc

Interior

Heating
Radiator(s)

Exterior

Financial

Buyer Agent Compensation
2.5% MINUS $400Net Sale Price
Tax Year
2020
Taxes
$16,318
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Debra Dobbs

Debra Dobbs

Realtor®

Phone 312 307-4909

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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Courtesy of Fulton Grace Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
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5844 N MAGNOLIA Avenue
Chicago, IL