1. Illinois
2. Chicago
3. 4870 N Magnolia Avenue

4870 N Magnolia Avenue, Chicago, IL 60640

• 6 beds |
• 3 baths

Property Description

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

Listing Status:

Active

Listing Office:

Jameson Sotheby's Int'l Realty : 312-927-0334

Listing Agent:

Sophia Klopas : 312-927-0334

MLS ID:

12422656

Interior

• Rooms: Utility Room-Lower Level
• Master Bath: No Tub
• Basement: FinishedFull
• Heating: Natural GasForced AirSep Heating Systems - 2+

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Sophia Klopas, Jameson Sotheby's Int'l Realty