4870 N Magnolia Avenue, Chicago, IL 60640
Local realty services provided by:Results Realty ERA Powered



Listed by:sophia klopas
Office:jameson sotheby's int'l realty
MLS#:12422656
Source:MLSNI
Price summary
- Price:$780,000
About this home
WALK THRU VIDEO ON VIRTUAL TOUR BUTTON. Legal 2 unit (not a 3 unit - BEDROOMS CAN HOLD TWIN BEDS) with 3 bedrooms top floor and a 3bed/2bth/2 kitchen duplex down (basement can be it's own unit. The basement height is 6 ft 5 at it's highest point - you take the back interior stairs to get to basement) 25 x 180 oversized lot! Rental comps around 2500 and 3500 for a total of 6k a month. 2025 renovations include nearly everything from structural, including new roof, windows, plumbing, and HVAC, to cosmetic, including drywall, insulation, floor finishes, lighting, cabinetry, appliances, and a fully finished lower level. 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. Great uptown loaction on small 2 block run of Magnolia - close to the train, lake and shopping districts. Great rent potential and an area that is appreciating very fast. 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. - Gas Forced heat, central AC, new kitchens, Washer and Dryer on EVERY floor. HUGE backyard. BUYERS FINANCING FELL APART 2 DAYS BEFORE CLOSING
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Home facts
- Year built:1900
- Listing Id #:12422656
- Added:218 day(s) ago
- Updated:August 13, 2025 at 07:45 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Forced Air, Natural Gas, Sep Heating Systems - 2+
Structure and exterior
- Roof:Asphalt
- Year built:1900
Schools
- High school:Senn High School
- Middle school:Mccutcheon Elementary School
- Elementary school:Mccutcheon Elementary School
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$780,000
- Tax amount:$11,862 (2023)
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