4870 North Magnolia, Chicago IL 60640
- Units 2
- Total Beds 6
- Total Baths 3
- Taxes $11,861.84
- Payment Estimate View Mortgage Calculator
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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
Features & Information
Key Details
- List Price $800,000
- Property Taxes $11,861.84
- Price/ Sq. Ft. Unavailable
- Year Built 1900
- Parking Type Garage
- Status New
Rooms
- Total Rooms 14
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Brick
- Foundation Concrete
- Heating & Cooling Gas, Forced Air, 2+ Sep Heating Systems
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Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors, Cooktop
- Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors, Cooktop
Location
- County Cook
- Township Lake View
- Corporate Limits Chicago
- Directions to Property West Side Of Magnolia Between Gunnison And Ainslie
-
Schools
- Elementary School District 299
- School Name Mccutcheon Elementary Sch
- Junior High District 299
- School Name Mccutcheon Elementary Sch
- High School District: 299
- School Name Senn High School
-
Property Taxes
- Tax 11861.84
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 14083170190000
Utilities
- Sewer Sewer-Publ
Listed by Sophia Klopas for Jameson Sotheby's Int'l Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 7/18/2025 10:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Uptown
From the bustling and historic entertainment district to the picturesque lakefront, Chicago's Uptown neighborhood is buzzing with a variety of interesting shops, ethnic restaurants, exciting clubs and eclectic boutiques. Sharing its coveted Lake Michigan beaches with other communities along the water's edge, Uptown owns the market on island paradise-like sands and beautiful shoreline parkland. There is even a public skatepark where rollerbladers and skateboarders can practice their moves and share wipe-out stories with fellow Uptown skaters. Set back from the Lake Michigan shore are the sought-after residential blocks of stately, landmark mansions and vintage, courtyard condominiums. Uptown has its share modern lofts and rehabbed residences, too. Upgraded condo conversions and top-of-the-line finishes are standard in much of the real estate available today. But, if you prefer that antiquated charm, with a fixer-up feel the old, un-renovated buildings of Uptown will be right up your alley.
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