5516 N Magnolia Avenue Open House Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60640
OPEN HOUSE
Sun Apr 13, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Lakewood Balmoral
MLS Listing ID 12324503
Bedrooms 8
Year Built 1903
Annual Tax Amount $5,522
Tax Year 2023
Lot Dimensions 50 X 123
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas,Steam
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Schools
Elementary Schools Peirce Elementary School Intl St
High Schools Senn High School
School District 299,299,299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
Virtual Tour https://tour.vht.com/434451964/IDX