4870 North Magnolia Avenue
$899,900
6
3
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Open: 11/24 10:30AM - 12:00PM
Description
Come check out this gut-rehabbed 2-flat + finished basement in Uptown / Andersonville! Potential gross rents of $74,400 annually once rented out! Please view photos 44 & 45 for proforma rent roll and operating statement if property were to be fully rented out. Located on a 25x180 sq. ft. lot on a quiet residential street, this property is the perfect place for a new owner in search of a big backyard to call home. 4870 N Magnolia was recently renovated with all new utilities and as of November 2024,...Come check out this gut-rehabbed 2-flat + finished basement in Uptown / Andersonville! Potential gross rents of $74,400 annually once rented out! Please view photos 44 & 45 for proforma rent roll and operating statement if property were to be fully rented out. Located on a 25x180 sq. ft. lot on a quiet residential street, this property is the perfect place for a new owner in search of a big backyard to call home. 4870 N Magnolia was recently renovated with all new utilities and as of November 2024, BRAND NEW WINDOWS, FRESH PAINT, AND TRIM THROUGHOUT IN ADDITION TO THE RENOVATIONS COMPLETED EARLIER THIS YEAR. The bathrooms feature brand new finishes and the property still shows its original style and character. The first floor is a 2br/1ba apartment, second floor is 3br/1ba, and the basement has a sink and additional bedroom, allowing for a potential 3rd unit or duplex down with the first floor. Basement even features a cellar for additional storage or creative wine cellar! The second floor 3br/1ba has living and dining rooms - the front living room can easily be converted into a large master bedroom with the current bedroom as a massive walk-in closet. This would make for a PERFECT owner-user unit. Truly no major expenses left for the buyer of this beautiful building. We are officially priced to sell - bring your clients to check it out today! Full offering memorandum is available upon request.
- Listed by John Preston • Horvath & Tremblay IL, LLC
Property Details for 4870 North Magnolia Avenue
Area
CHI - Uptown
TownshipLake View
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Heat/FuelNatural Gas, Forced Air
Open Houses
Sunday, Nov 24th
10:30 AM - 12:00 PM
LISTING UPDATED: 11/20/2024 02:26 AM
Property Details for 4870 North Magnolia Avenue
Status | Price Change |
---|---|
MLS # | 12169093 |
Days on Market | 65 |
Taxes | $11,861 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1899 |
Lot Size | 0.10 AC / 4,356 SF |
County | Cook County |
Building Information for 4870 North Magnolia Avenue
Stories-Residences2Year Built1899Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 4870 North Magnolia Avenue
Property History for 4870 North Magnolia Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4870 North Magnolia Avenue
Taxable ValueLand$36,400Additions$19,820Total$56,220
Tax Record2022$11,563 ($964 / month)
Home Facts
Baths2Total Finished SqFt1,716 SqFtAbove Grade Finished SqFt1,716 SqFtStories2Lot Size4,550 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyCOOKAPN14-08-317-019
Schools near 4870 North Magnolia Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mccutcheon Elementary School PublicPK to 8 | ||
Senn High School Public9 to 12 | ||
YCCS-Truman Middle College HS Charter9 to 12 | ||
Uplift Community High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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