$763,800
SOLD SEP 10, 2025

4870 N Magnolia Ave Chicago, IL 60640

Sheridan Park Neighborhood
6 Beds
3 Baths
1,716 Sq Ft
1900 Built

Recently Sold

$445 Per Sq Ft

5% Below List Price

22 Days on Market

Highlights

  • Gated Community
  • Patio
  • Ceiling Fan
  • Lower Floor Utility Room
  • Two Heating Systems
  • 5-minute walk to Hickory Park

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Klopas Stratton Team

Jameson Sotheby's Int'l Realty License #471009697 Listed on: 07/17/2025

Jameson Sotheby's Int'l Realty

Co-Listed By

Jason Stratton

Jameson Sotheby's Int'l Realty License #475138400

Last Buyer's Agent

Lindsey Rana

Baird & Warner License #475172794

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,862

Year Built

  • Built in 1900 | Remodeled in 2025

Lot Details

  • Lot Dimensions are 25x180
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Window Screens
  • Lower Floor Utility Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms
  • No Tub in Bathroom

Outdoor Features

  • Patio

Schools

  • Mccutcheon Elementary School
  • Senn High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,862

Year Built

Built in 1900 | Remodeled in 2025

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Rebuilt Year: 2025
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Utility Room-Lower Level
  • Window Features: Screens
  • Bathroom Amenities: No Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors,Cooktop
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors,Cooktop

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 780000
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Mccutcheon Elementary School
  • High School: Senn High School
  • Middle/Junior School: Mccutcheon Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X180
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11861.84
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Sold $763,800 -2.1% $445 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
07/30/2025 07/30/25 Price Changed $780,000 -2.5% $455 / Sq Ft
07/17/2025 07/17/25 For Sale $800,000 +66.0% $466 / Sq Ft
11/30/2018 11/30/18 Sold $482,000 -3.4% $281 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $499,000 -- $291 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Klopas Stratton Team

    Seller's Agent in 2025

    Klopas Stratton Team

    Jameson Sotheby's Int'l Realty

    (312) 927-0334

    4 in this area

    612 Total Sales

    Klopas Stratton Team
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jason Stratton

    Jameson Sotheby's Int'l Realty

    (312) 415-1551

    1 in this area

    133 Total Sales

    Jason Stratton
    Section Image
  • Lindsey Rana

    Buyer's Agent in 2025

    Lindsey Rana

    Baird Warner

    (773) 450-7854

    1 in this area

    36 Total Sales

    Lindsey Rana
    Section Image
  • Mira Kovacevic

    Seller's Agent in 2018

    Mira Kovacevic

    Coldwell Banker Realty

    (773) 771-4411

    18 Total Sales

    Mira Kovacevic
    Section Image
  • Ted Guarnero

    Buyer's Agent in 2018

    Ted Guarnero

    Fulton Grace

    (312) 810-6693

    3 Total Sales

    Ted Guarnero
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12422656

Midwest Real Estate Data (MRED)

APN: 14083170190000

Illinois Cook County Chicago 60640 Sheridan Park

4870 N Magnolia Ave, Chicago, IL

This home is located at 4870 N Magnolia Ave, Chicago, IL 60640 and is currently priced at $763,800, approximately $445 per square foot. This property was built in 1900. 4870 N Magnolia Ave is a home located in Cook County with nearby schools including Mccutcheon Elementary School, Senn High School, and St Thomas Of Canterbury School.

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