Chicago, IL 60640,5516 N Magnolia AVE
Chicago, IL 60640,5516 N Magnolia AVE
Chicago, IL 60640,5516 N Magnolia AVE
$1,311,000
Est. payment /mo
$1,200,000
9.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 Beds
5 Baths
SOLD DATE : 05/05/2025

Key Details

Sold Price $1,311,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

Subdivision Lakewood Balmoral

MLS Listing ID 12324503

Sold Date 05/05/25

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

*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!

Location

State IL

County Cook

Area Chi - Edgewater

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Steam

Equipment Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Building Description Stucco, No

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

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by India Whiteside • @properties Christie's International Real Estate
Bought with Lisa Kahn • Compass

GET MORE INFORMATION

agent

Roz Dupiton

Broker | License ID: 475.163956

+1(312) 857-4769

Name
Phone*
Message