Active

5911 N Magnolia Avenue

Chicago IL, 60660

$995,000


Active

6 Beds

4 Baths

Multi-family

Built in 1911

Courtesy of Keller Williams ONEChicago

Discover an exceptional investment opportunity in the heart of the popular Edgewater neighborhood. This meticulously upgraded two-flat property is a rare gem, set on an extra-wide lot in the coveted Magnolia Glen. With one unit boasting luxury finishes and the second offering potential for added value, this property perfectly balances elegance and practicality. The first-floor 3 bedroom, 3 bathroom duplex down has been thoughtfully designed and extensively rehabbed, ensuring a high-quality living experience. This is a true masterpiece, featuring a stunning kitchen equipped with commercial-grade appliances, including a 6-burner Miele stove with a venting hood, a Bosch refrigerator, and a dishwasher. The honed granite countertops and full-height backsplash create an inviting atmosphere, complemented by a large separate island and custom cabinetry, including a charming built-in breakfast nook. The luxurious master bathroom is a retreat in itself, showcasing a walk-in shower and double bowl vanities, providing a spa-like experience at home. A built-in sauna downstairs provides the true Scandinavian experience of Andersonville's heritage. Each unit is equipped with separate high-efficiency heating and cooling systems, along with in-unit washer and dryer, ensuring comfort and convenience for tenants. Every detail has been attended to, from upgraded electrical and plumbing systems to new insulation and beautifully refinished dark hardwood floors. The second floor is bright and spacious with room to add value. Each unit enjoys a four-season room off the kitchen. The back yard has lots of potential to do as you please. Buildings in this condition are rare finds, making this an incredible opportunity to live in a stunning unit while generating rental income from the second unit above. Tenants are responsible for all utilities, allowing for a hassle-free investment experience. Don't miss your chance to own this exceptional property in one of the city's most desirable neighborhoods, where luxury meets practicality in perfect harmony. Effortless access to the Redline, Metra, the scenic lakefront path, charming shops and delightful dining, all the vibrant hotspots of Andersonville/Edgewater await you!

12183771

MLS ID

October 16, 2024

Listed

October 24, 2024

Updated

Map

5911 N Magnolia Avenue
Chicago IL, 60660

Interior Features

Bedrooms

6


Total Bathrooms

4


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Forced Air, Sep Heating Systems - 2, Indv Controls

Exterior/Building Features

Lot Size

0.09 Acres


Exterior Features

Deck, Brick Paver Patio, Storms/Screens


Architectual Style

Brownstone


Sewer

Public Sewer

School Information

School District

299


High School

Senn High School


Elementary School

Swift Elementary School Specialt

Other Property Details

Area Name

CHI - Edgewater


Taxes

$14,281


Tax Frequency

Annually


Days on Market

9


Garage

No


Parking

Off Alley, Oversized, Secured


Parking Total

3


View

No


County

Cook


Municipality

North Chicago


Water Source

Lake Michigan, Public


Pool

No


Zoning

MULTI

Courtesy of Keller Williams ONEChicago, Brian Moon,
Listing Contact: 312-216-2422 

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 Michael Hall Group 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 10/24/2024. 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 3:43 PM UTC, 10/24/2024

 

 

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