Seller's Agent in 2021
John Wyman
@ Properties
(773) 354-3481
32 in this area
109 Total Sales
5864 N Magnolia Ave Chicago, IL 60660
Edgewater Neighborhood
10
Beds
5
Baths
1,600
Sq Ft
1915
Built
Highlights
- 2 Car Detached Garage
- 4-minute walk to Thorndale Station
- Heating System Uses Steam
- Brick Porch or Patio
- Forced Air Heating System
- 2-minute walk to Broadway Armory Park
About This Home
As of March 2021Welcome to Magnolia Glen and this beautifully maintained and updated building on the market for the first time in over 70 years. Situated on an extra-wide 35' lot, this east-facing 4-flat has loads of potential and very little to do. The entire building has dual pane windows. Tuckpointing and parapet wall re-build done in last 6 years. Plumbing updated. Weil-McClain hot water boiler services three upper floors, while garden unit has separate furnace. Elec service and panels all updated. New free Maytag w/d. New H2O heater. Newer appliances throughout. The first floor 3bed apt has existing interior stairwell to basement, where in addition to the totally updated 1BR garden unit, you will find an amazing 1950's throwback rec room with bar. This space could all be incorporated as one duplex down unit. The 2nd and 3rd floor apartments also have 3beds each, updated baths, and redone kitchens with 42" cabinets and large pantry. The vintage details abound with pocket doors, gorgeous orig molding, orig fireplace tile, oak built-in's, and orig leaded-glass doors. All bedrooms are roomy due to lot size and have expanded closets w/ natural light. The rear decks are in great shape with regular maintenance and provide great sunset views. The gorgeous landscaping provides a nice green space and a rear patio allows you space to take it all in. The two car garage is brick and has been tuckpointed with newer roof and gutters. All this just steps to the red line, whole foods, amazing restaurants (Indie Cafe, Mango Pickle, Dak, Mas All del Sol, Moody's), the beach & lakefront path, and so much more.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,685
Year Built
- Built in 1915
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 5 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Brick Porch or Patio
- Lot Dimensions are 35 x 125
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $234
- Fuel Expense $2,654
- Insurance Expense $4,320
- Water Sewer Expense $1,815
- Gross Income $77,124
- Net Operating Income $38,761
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2021 03/15/21 | Sold | $975,000 | -1.5% | $609 / Sq Ft |
| 01/29/2021 01/29/21 | Pending | -- | -- | -- |
| 11/04/2020 11/04/20 | For Sale | $990,000 | -- | $619 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
John Wyman
-
Kathleen Cooper
Seller Co-Listing Agent in 2021
Kathleen Cooper
@ Properties
17 in this area
59 Total Sales
-
John McGeown
J
Buyer's Agent in 2021
John McGeown
High Fidelity Realty
(773) 314-6903
1 in this area
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10925223
APN: 14-05-310-047-0000
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