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$780,000
17 Days On Site

4870 N Magnolia Avenue
Chicago, IL 60640

For Sale|Multi Family|Active
6
Beds
3
Total Baths
1900
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Jameson Sotheby's Int'l Realty
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WALK THRU VIDEO ON VIRTUAL TOUR BUTTON. Legal 2 unit (not a 3 unit - BEDROOMS CAN HOLD TWIN BEDS) with 3 bedrooms top floor and a 3bed/2bth/2 kitchen duplex down (basement can be it's own unit. The basement height is 6 ft 5 at it's highest point - you take the back interior stairs to get to basement) 25 x 180 oversized lot! Rental comps around 2500 and 3500 for a total of 6k a month. 2025 renovations include nearly everything from structural, including new roof, windows, plumbing, and HVAC, to cosmetic, including drywall, insulation, floor finishes, lighting, cabinetry, appliances, and a fully finished lower level. Both units are move-in ready, ensuring a smooth transition for new tenants. The property also comes with a detached 2-car garage, storage shed, and fenced-in yard. Great uptown loaction on small 2 block run of Magnolia - close to the train, lake and shopping districts. Great rent potential and an area that is appreciating very fast. Whether you're seeking a turnkey investment or a property to live in while generating rental income, this 2-unit building presents a fantastic opportunity. - Gas Forced heat, central AC, new kitchens, Washer and Dryer on EVERY floor. HUGE backyard. BUYERS FINANCING FELL APART 2 DAYS BEFORE CLOSING

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Listing Snapshot
Price 
$780,000
Days On Site 
17 Days
Bedrooms 
6
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1900
MLS® Number 
12422656
Status 
Active
Property Tax 
$11,861.84
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoPrice changed to $780,000
5 days agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
2
Parking 
On SiteDetachedGarage
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Zoning 
MULTI
Interior Features
Basement 
FinishedFull
Cooling 
Ceiling Fan(s)
Heating 
Natural GasForced Air
Window Features 
Screens
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Exterior Features
Construction Details 
Brick
Patio And Porch 
Patio
Roof 
Asphalt
Windows/Doors 
Screens
Community Features
Community Features 
CurbsGatedSidewalksStreet Lights
MLS Area 
CHI - Uptown
School District 
Senn High School
Township 
Lake View
Schools
School District
Senn High School
Elementary School
Mccutcheon Elementary School
Middle School
Mccutcheon Elementary School
High School
Senn High School
Listing Courtesy of MRED as distributed by MLS Grid of Jameson Sotheby's Int'l Realty



Based on information submitted to the MLS GRID as of 2025-08-04 10:35 AM UTC. 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.
Last checked: 2025-08-04 10:35 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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