4870 N Magnolia Avenue, Chicago, IL 60640

Local realty services provided by:Better Homes and Gardens Real Estate Connections
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4870 N Magnolia Avenue,Chicago, IL 60640
$780,000
Virtual Tour
  • 6 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
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

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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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