4870 N Magnolia Ave
Chicago, IL 60640
6 Beds
3 Baths
1,716 Sq Ft
69 Days on Market
For Sale $899,900
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Courtesy of Horvath & Tremblay IL, LLC

Listing Agent & Comments

John PrestonHorvath & Tremblay IL, LLC
312-533-8899jpreston@htapartments.com
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.

MLS# MRD12169093 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area1,716 Sq.Ft.
Lot Size4,356 Sq.Ft.
Total Rooms--
Bedrooms6
Bathrooms3
Stories2
Year Built1899
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2022
Tax Amount$11,563
Property in Flood Zone--
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HouseCanary, Inc. Brokerage

4870 N Magnolia Ave., Chicago, IL 60640

Multifamily
6 Beds
3 Baths
1,716 Sq Ft
69 Days on Market

Listing Agent & Comments

John PrestonHorvath & Tremblay IL, LLC
312-533-8899jpreston@htapartments.com
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.

MLS# MRD12169093 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area1,716 Sq.Ft.
Lot Size4,356 Sq.Ft.
Total Rooms--
Bedrooms6
Bathrooms3
Stories2
Year Built1899
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2022
Tax Amount$11,563
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $899,900
Request tour
Save
Courtesy of Horvath & Tremblay IL, LLC
4870 N Magnolia Ave
Chicago, IL 60640
6 Beds
3 Baths
1,716 Sq Ft
69 Days on Market

Listing Agent & Comments

John PrestonHorvath & Tremblay IL, LLC
312-533-8899jpreston@htapartments.com
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.

MLS# MRD12169093 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area1,716 Sq.Ft.
Lot Size4,356 Sq.Ft.
Total Rooms--
Bedrooms6
Bathrooms3
Stories2
Year Built1899
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2022
Tax Amount$11,563
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $899,900
Request tour
Save
Courtesy of Horvath & Tremblay IL, LLC