5844 N Magnolia Avenue
Chicago, IL 60660
- 11 beds
- 7 baths
- – sqft
- 3,525 sqft lot
- – on site
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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
Last checked:
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Last updated Apr 17, 2025
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MLS# 11492572 —
The Building
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Rebuilt:No
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New Construction:false
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Basement:Full
Interior
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Room Type:Den
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Rooms Total:24
Location
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Directions:HOLLYWOOD EAST TO MAGNOILIA THEN NORTH OR WEST ON ARDMORE FROM GLENWOOD
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Location:87833
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Location:87123
The Property
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Parcel Number:14053100550000
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Property Type:Residential Income
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Location:C
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Lot Size Dimensions:37.5 X 94
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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 316-9944
- Office phone:
- (773) 698-6648
Taxes
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Tax Year:2020
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Tax Annual Amount:16318
Beds
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Bedrooms Total:11
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Bedrooms Possible:11
Baths
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Baths:7
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Full Baths:7
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Radiator(s)
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School:Swift Elementary School Specialt
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Elementary School District:299
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Middle Or Junior School District:299
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High School:Senn Achievement Academy High Sc
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High School District:299
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/28/22
Sep 28, 2022
|
Sold | MRED | $958,400 | -1.7% |
|
8/26/22
Aug 26, 2022
|
Sold Subject To Contingencies | MRED | $975,000 | |
|
8/15/22
Aug 15, 2022
|
Listed / Active | MRED | $975,000 | 50.0% (5.4% / YR) |
