Sold
5844 N MAGNOLIA Avenue
Chicago IL, 60660
$958,400
Sold
11 Beds
7 Baths
Residential
Courtesy of Fulton Grace Realty
Amazing 3+ Unit Property in Andersonville/Edgewater (Legal 3+ Garden In-Law Apartment) Oversized Lot 3535 sq. ft. and building recorded as 6315 sq. ft + Full Basement! Lot is essentially all building with amazing Patio Space! Great for Owner Occupiers and Fantastic Value Add+ Opportunity! Update or keep as is and collect rent. Units 1,2 & 3 - Roughly 2100 sq. ft. each 3 Bed 2 Bath, In-law unit 2 bed 1 bath! Boiler Building in Great Condition. Roof and Tuckpointing done in 2021! Most Windows Replaced in the last 8 years. Water Heater 2014. Each unit currently has free private washer/dryer in basement. Large rear patio with furniture for tenants to enjoy! You will be impressed!! Cap Rate: 6.95. Gross rent multiplier: 10.00
11492572
MLSⓇ ID
August 15, 2022
Listed
March 28, 2024
Updated
Map
5844 N MAGNOLIA Avenue
Chicago IL, 60660
Interior Features
Bedrooms
11 Beds
Bathrooms
7 Baths
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Radiator(s)
Exterior/Building Features
Sewer
Public Sewer
School Information
School District
299
High School
Senn Achievement Academy High Sc
Elementary School
Swift Elementary School Specialt
Other Property Details
Area Name
CHI - Edgewater
Taxes
$16,318
Tax Frequency
Annually
Days on Market
12
Garage
No
Parking Total
0
View
No
County
Cook
Municipality
Lake View
Water Source
Lake Michigan
Pool
No
Zoning
MULTI
Buyer Agency Compensation
2.5% MINUS $400
Courtesy of Fulton Grace Realty, Julia Stoner,
Listing Contact: 773-698-6648
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Jerfita Pierson Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 4:11 AM UTC, 3/28/2024
