Homes for sale - 5911 N Magnolia AVE, Chicago, IL 60660

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$995,000

Est. payment - /mo

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6 BD

3,920 Sqft Lot

Active Under Contract

5911 N Magnolia AVE Chicago, IL 60660

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Ryan Ivemeyer

ryan@oneilpropertygroup.com +1(815) 342-6942

UPDATED:

10/31/2024 05:34 PM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12183771

Style Brownstone

Bedrooms 6

Year Built 1911

Annual Tax Amount $14,280

Tax Year 2023

Lot Size 3,920 Sqft

Lot Dimensions 32.5 X 125

Property Description

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!

Location

State IL

County Cook

Area Chi - Edgewater

Zoning MULTI

Rooms

Basement Full

Interior

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

Equipment Humidifier, Security System, Intercom, Ceiling Fan(s), Sump Pump

Fireplace N

Exterior

Exterior Feature Deck, Brick Paver Patio, Storms/Screens

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Waterfront false

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan, Public

New Construction false

Schools

Elementary Schools Swift Elementary School Specialt

Middle Schools Swift Elementary School Specialt

High Schools Senn High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Brian Moon • Keller Williams ONEChicago

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Ryan Ivemeyer

Broker | License ID: 471.021972

+1(815) 342-6942

Ryan Ivemeyer

5911 N Magnolia AVE Chicago, IL 60660

Ryan Ivemeyer

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5911 N Magnolia AVE