$995,000
Active
3 Days Online
6 Beds0 Baths0 SQFT
Active

5911 N Magnolia Avenue Chicago, IL 60660

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  • Sat, Oct 19: 4pm-6pm
  • Sun, Oct 20: 7pm-9pm
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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$14,280
  • HOA/Condo/Coop Fees$0
  • Days on Site2 Days
  • MLS StatusActive
  • MLS ID Number12183771
  • Home Size Source N/A
  • Year Built1911
  • Lot Size0.09 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Brownstone
  • Parking Off AlleyOversizedSecured
  • Parking Spaces 3
  • Sewer Public Sewer
  • Basement Full
  • Acreage 0.09
  • Water PublicLake Michigan
  • Property Sub Type Multi Family
  • Zoning MULTI
  • General Information Commuter BusCommuter Train
  • Rooms Total 20
  • Lot Size Oversized Chicago Lot
  • Parking Total 3

Interior Features

  • Heating Natural GasForced AirSep Heating Systems - 2+Indv Controls
  • Bathroom Separate ShowerDouble Sink
  • Room Types Enclosed PorchFoyerRecreation RoomSun RoomUtility Room- Lower Level

Exterior Features

  • Waterfront Property No
  • Exterior DeckBrick Paver PatioStorms/ ScreensStorms/Screens

Community Features

  • Township North Chicago
  • Community Features CurbsSidewalksStreet LightsStreet Paved
  • MLS Area CHI - Edgewater

Schools

School District
299
Elementary School
Swift Elementary School Specialt
Middle School
Swift Elementary School Specialt
High School
Senn High School

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Monthly Payment (Est.)

$5,000
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