4870 N Magnolia Avenue Chicago, IL 60640
Multi-Family (2-4 Units)
MLS #: 12266859
Courtesy Of Dream Town Realty
Property InformationDescription
Welcome to this charming 2-unit apartment building, recently refreshed in November 2024! This property offers a blend of classic charm and modern updates, making it an ideal investment opportunity. Recent renovations include nearly everything from structural, including a new roof, windows, plumbing, and HVAC, to cosmetic, including drywall, insulation, floor finishes, lighting, cabinetry, appliances, and a fully finished basement. 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. Situated in a desirable location and proximity to desirable neighborhoods and easy transit access, with high rental demand, this property provides excellent income potential. 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. Don't miss out on this well-maintained property with strong earning potential!
Features
- Age: Over 50 Years Old
- Amenities: Dock, Patio
- Architecture Style: Other
- Exterior Type: Brick
- Heating System: Forced Air
Open Houses
Sunday, January 19, 2025, 2:00 PM - 4:00 PMVIDEOS AND TOURS
MAP & DIRECTIONS
School Information
4870 N Magnolia Avenue, Chicago, IL 60640
Elementary School
Grades PK-8 |
Public School
MCCUTCHEON ELEMENTARY SCHOOL
Chicago, IL 60640
4865 N Sheridan Rd
773.534.2680
Distance: 0.4 mi
School Rating
D
Total Students
302
Middle School
Grades PK-8 |
Public School
MCCUTCHEON ELEMENTARY SCHOOL
Chicago, IL 60640
4865 N Sheridan Rd
773.534.2680
Distance: 0.4 mi
School Rating
D
Total Students
302
High School
Grades 9-12 |
Public School
SENN HIGH SCHOOL
Chicago, IL 60660
5900 N Glenwood Ave
773.534.2365
Distance: 1.3 mi
School Rating
C-
Total Students
1682
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Goudy Elementary School | 0.4 mi | Public | KG-8 | C |
| Yccs-truman Middle College High School | 0.5 mi | Public | 9-12 | F |
| Uplift Community High School | 0.6 mi | Public | 9-12 | F |
| Chicago Waldorf School | 0.6 mi | Private | PK-12 | |
| Courtenay Elementary School | 0.6 mi | Public | PK-8 | C- |
| Metropolitan Schoolhouse | 0.7 mi | Private | KG-10 | |
| Mcpherson Elementary School | 0.8 mi | Public | KG-8 | B- |
| Ravenswood Elementary School | 0.9 mi | Public | PK-8 | B+ |
| St Mary Of The Lake School | 0.9 mi | Private | PK-8 | |
| Peirce Elementary School | 0.9 mi | Public | KG-8 | B |
| Lycee Francais De Chicago | 0.9 mi | Private | PK-12 | |
| Rogers Park Montessori School | 1.0 mi | Private | PK-8 | |
| Brennemann Elementary School | 1.0 mi | Public | PK-8 | C |
| Asian Human Services -passage Charter | 1.0 mi | Public | PK-8 | B- |
| Amundsen High School | 1.0 mi | Public | 9-12 | A |
| German International School Chicago | 1.0 mi | Private | PK-8 | |
| Ravenswood Christian School | 1.1 mi | Private | PK-11 | |
| Lake View High School | 1.1 mi | Public | 9-12 | D+ |
| Pilgrim Lutheran School | 1.1 mi | Private | PK-8 |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Chicago, IL 60640
| Median Age: | 38.8 |
|---|---|
| Married: | 25% |
| Number of Households: | 35,937 |
| Households with Children: | 11.3% |
Chicago, IL 60640
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
