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5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
5516 N Magnolia Avenue
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$1,200,000

5516 N Magnolia Avenue

8 Beds 5 Baths

Description

*Highest and best due by Monday, April 14 at 6 pm. Lovely, large 3-flat on 50' lot on the west side of Magnolia, in beautiful Historic Lakewood Balmoral (no restrictions or Landmarking). Excellent opportunity to own rental units in this highly desired neighborhood, or convert to a single family home. Either way, some work is needed. Estate Sale; As Is. First floor has three bedrooms; one currently used as a den, with interior stairs to the basement. Duplex down potential! Two full bathrooms on this floor; huge double living room, generous sized dining room, family room with fireplace which is currently non-functioning but can be repaired. Bonus room off the kitchen leads to back deck overlooking the nice backyard. 2nd floor has 3 bedrooms, one full bathroom, and an additional room above the stairwell which makes an excellent office space. 3rd floor has two bedrooms (one without a closet), a pretty living room, a dining room or den, and large laundry room. Basement is unfinished; new boiler 6 years ago, water heater installed 2018. Roof approximately 23 years old. Wonderful community, easy access to Red Line, LSD, the lake front, beaches, and all the great stuff in Andersonville!

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Location

5516 N Magnolia Avenue, Chicago, IL 60640

Status

Active Under Contract
India Whiteside

India Whiteside

TITLE

Senior Broker

Property Amenities

Interior
Total Bedrooms: 8
Area & Lot
MLS® ID 12324503
Year Built 1903
School District 299
High School Senn High School
Elementary School Peirce Elementary School Intl St
Type Multi-Family
Status Active Under Contract
Exterior
Heat type Natural Gas, Steam
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Parking On Site, Detached, Garage
Finance
Sales Price $1,200,000
Real Estate Tax $5,522 yearly

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Thank you for your interest in 5516 N Magnolia Avenue, Chicago, IL 60640. We are reviewing your request and will be in touch shortly!

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