5911 North Magnolia Avenue

Chicago, IL 60660

$995,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover an exceptional investment opportunity in the heart of the popular Edgewater neighborhood. This meticulously upgraded two-flat property is a rare gem, set on an extra-wide lot in the coveted Magnolia Glen. With one unit boasting luxury finishes and the second offering potential for added value, this property perfectly balances elegance and practicality. The first-floor 3 bedroom, 3 bathroom duplex down has been thoughtfully designed and extensively rehabbed, ensuring a high-quality living...Discover an exceptional investment opportunity in the heart of the popular Edgewater neighborhood. This meticulously upgraded two-flat property is a rare gem, set on an extra-wide lot in the coveted Magnolia Glen. With one unit boasting luxury finishes and the second offering potential for added value, this property perfectly balances elegance and practicality. The first-floor 3 bedroom, 3 bathroom duplex down has been thoughtfully designed and extensively rehabbed, ensuring a high-quality living experience. This is a true masterpiece, featuring a stunning kitchen equipped with commercial-grade appliances, including a 6-burner Miele stove with a venting hood, a Bosch refrigerator, and a dishwasher. The honed granite countertops and full-height backsplash create an inviting atmosphere, complemented by a large separate island and custom cabinetry, including a charming built-in breakfast nook. The luxurious master bathroom is a retreat in itself, showcasing a walk-in shower and double bowl vanities, providing a spa-like experience at home. A built-in sauna downstairs provides the true Scandinavian experience of Andersonville's heritage. Each unit is equipped with separate high-efficiency heating and cooling systems, along with in-unit washer and dryer, ensuring comfort and convenience for tenants. Every detail has been attended to, from upgraded electrical and plumbing systems to new insulation and beautifully refinished dark hardwood floors. The second floor is bright and spacious with room to add value. Each unit enjoys a four-season room off the kitchen. The back yard has lots of potential to do as you please. Buildings in this condition are rare finds, making this an incredible opportunity to live in a stunning unit while generating rental income from the second unit above. Tenants are responsible for all utilities, allowing for a hassle-free investment experience. Don't miss your chance to own this exceptional property in one of the city's most desirable neighborhoods, where luxury meets practicality in perfect harmony. Effortless access to the Redline, Metra, the scenic lakefront path, charming shops and delightful dining, all the vibrant hotspots of Andersonville/Edgewater await you!
  1. Listed by Brian Moon • Keller Williams ONEChicago
  2. Listed by Dean Ramoino • Keller Williams ONEChicago

Property Details for 5911 North Magnolia Avenue

Area
CHI - Edgewater
Township
North Chicago
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
Architectural Style
Brownstone
Zoning
MULTI

Open Houses

Saturday, Oct 19th

11:00 AM - 1:00 PM

Public

Sunday, Oct 20th

2:00 PM - 4:00 PM

Public

LISTING UPDATED: 10/17/2024 09:52 AM

Property Details for 5911 North Magnolia Avenue

StatusNew
MLS #12183771
Days on Market3
Taxes$14,281 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1911
Lot Size0.09 AC / 3,920 SF
CountyCook County

Building Information for 5911 North Magnolia Avenue

Stories-Residences2Year Built1911Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 5911 North Magnolia Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Swift Elementary School Specialt
  • Jr High Middle School: Swift Elementary School Specialt
  • High School District: 299
  • High School: Senn High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley, Oversized, Secured
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Separate Shower,Double Sink
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Finished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch, Foyer, Recreation Room, Sun Room, Utility Room-Lower Level
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: Humidifier, Security System, Intercom, Ceiling Fan(s), Sump Pump
Property/Lot Information
  • Exterior Property Features: Deck, Brick Paver Patio, Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2015
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Oversized Chicago Lot
  • Lot Dimensions: 32.5 X 125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 5911
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1400
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 3
  • Document Date: 2024-10-15T19:38:47
  • Photos Count: 39
  • Deconversion: N
  • OpenHouse Count: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Insurance Expense: $2,600.00
  • Insurance Expense Source: Owner Projection
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: $1,400.00
Unit 1
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: N/A
Unit 2
  • Unit Type Actual Rent: $1,950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 10/25

Property History for 5911 North Magnolia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5911 North Magnolia Avenue

Taxable ValueLand$33,328Additions$37,672Total$71,000
Tax Record2022$13,900 ($1,158 / month)
Home Facts
Baths3Total Finished SqFt3,414 SqFtAbove Grade Finished SqFt3,414 SqFtStories2Lot Size4,166 SqFtStyleMulti-Family Res (5+ Units)Year Built1915CountyCOOKAPN14-05-309-005

Schools near 5911 North Magnolia Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - K to 8
Rating
School
Distance
Swift Elementary Specialty School
PublicPK to 8

Senn High School
Public9 to 12

Passages Elementary Charter School
CharterK to 8

Stone Elementary Scholastic Academy
PublicK to 8

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.

Similar Homes

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5911 North Magnolia Avenue is a multi-family home for sale in Chicago, IL 60660. This property was listed for sale on October 16, 2024 by Keller Williams ONEChicago, it's currently listed at $995,000. It has been on the market for a total of 3 days and was last sold on August 22, 2018. This listing's school district is City Of Chicago School District 299. Nearby schools include Swift Elementary Specialty School, Senn High School and Passages Elementary Charter School. 5911 North Magnolia Avenue is a 6-bed, 4-bath, multi-family home built in 1911.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams ONEChicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/17/2024 09:52 AM. 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.