5331 Magnolia Avenue, Edgewater, Chicago, Illinois 60640
$2,200,000
|
For Sale
|
|
| Status: | New |
| Sqft: | 4,600 |
| Cost/Sqft: | $478 |
| Beds: | 7 |
| Baths: | 5 |
| Year Built: | 1898 |
| Property Taxes: | $36,069 |
| Days On Market: | 5 |
| Lot Size: | 0,00 |
Description
An extraordinary combination of historic charm, comprehensive modern reconstruction, generous living spaces, and a rare double-lot setting-offering a distinctive opportunity in one of Chicago's most treasured residential neighborhoods.1890s Architectural Charm | 2004 Morgante-Wilson Reconstruction. Imagine a home where everyone has room to grow, gather, work, play, and entertain-all under one roof. Offering 5,600 square feet of thoughtfully designed living space on a rare Chicago double lot, this extraordinary Lakewood-Balmoral residence combines the warmth and character of 1890s American architecture with an updated French country aesthetic and the flexibility today's lifestyles demand. Seven bedrooms, four-and-a-half bathrooms, private guest accommodations, multiple home offices, recreation areas, and generous outdoor living create an exceptional setting for everyday comfort and memorable celebrations. Originally constructed in the late 1800s, the residence underwent a complete top-to-bottom reconstruction and expansion in 2004 by renowned Morgante-Wilson Architects. The transformation included a new foundation, exterior and interior walls, plumbing, electrical, and mechanical systems, providing the advantages of modern construction while preserving the architectural romance of its historic origins. Beyond its generous bedroom count, the home's distinct gathering, work, and retreat spaces make it especially adaptable to multigenerational living, visiting guests, and changing needs over time. The blend of formal entertaining rooms and comfortable everyday spaces is a rare advantage, offering room to come together without sacrificing places to unwind. The combination of architectural character, modern infrastructure, and a substantial city lot is increasingly difficult to find. The expansive, sun-filled open kitchen is the heart of the home, with a generous breakfast room, convenient office area, and access to outdoor spaces. Its thoughtful design keeps everyone connected, whether enjoying casual mornings, working from home, or hosting friends. Gracious formal living and dining rooms share a distinctive double-sided wood-burning fireplace and adjoining wet bar with refrigeration. A sunroom adjoining the dining room offers additional space for holiday celebrations, dinner parties, and larger gatherings. Abundant natural light, generous room proportions, recessed lighting, and architectural details lend warmth and understated elegance throughout. The flexible floor plan includes a private primary suite and four additional bedrooms on the second level, a third-floor guest retreat, and a lower-level au pair or guest suite. A dedicated library, private offices, study areas, and high-ceilinged lower-level recreation space accommodate remote work, creative pursuits, relaxation, and entertaining without compromising privacy. Generous closets, abundant storage, extensive laundry facilities, a convenient dog wash, and three-zone HVAC support the practical needs of an active household. The expansive double lot provides a remarkable sense of privacy and openness within the city, with a welcoming wraparound porch, generous yard, and detached two-car garage. Outdoor spaces offer ample room for dining, entertaining, recreation, and relaxation. Set within Chicago's architecturally distinguished Lakewood-Balmoral Historic District, the home is surrounded by quiet, tree-lined streets, beautiful period residences, and an active neighborhood community. Lincoln Park, Foster Beach, Lake Michigan, and scenic lakefront trails are just four blocks east. Two neighborhood playlots are within two blocks, while Andersonville's celebrated Clark Street boutiques, restaurants, and cafes are only four blocks west. Broadway's diverse dining and entertainment corridor, the CTA Red Line, and convenient access to DuSable Lake Shore Drive place the best of Chicago within easy reach.
Property Specifics
| Single Family | |
| — | |
| American 4-Sq. | |
| 1898 | |
| 2016 | |
| Unfinished, Exterior Entry, Full, Daylight | |
| Frame | |
| Asphalt | |
| — | |
| No | |
| — |
| Cook | |
| Lakewood Balmoral | |
| — / Not Applicable | |
| None | |
| Public | |
| Public Sewer | |
| Central Air, Zoned, Dual | |
| Gas, Steam, Radiator(s) | |
| 12783475 | |
| 14081210070000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 21 Oct, 2026 | Listed for sale | $2,200,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: 16X13
Floor Type: Carpet
Dimensions: 12X12
Floor Type: Carpet
Dimensions: 14X13
Floor Type: Carpet
Dimensions: 11X15
Floor Type: Carpet
Full Bathrooms: 5
Bathroom Amenities: Separate Shower, Double Sink
Bathroom in Basement: 1
Dimensions: 18X13
Floor Type: Hardwood
Dimensions: 16X14
Floor Type: Hardwood
Dimensions: 9X9
Floor Type: Carpet
Dimensions: 17X12
Floor Type: Hardwood
Dimensions: 13X19
Floor Type: Hardwood
Rooms: Bedroom 5, Bedroom 6, Office, Sun Room, Breakfast Room, Mud Room, Foyer, Recreation Room, Storage, Bedroom 7
Name: Bedroom 5
Dimensions: 14X13
Floor Type: Carpet
Name: Bedroom 6
Dimensions: 14X14
Floor Type: Carpet
Name: Office
Dimensions: 11X15
Floor Type: —
Name: Sun Room
Dimensions: 9X12
Floor Type: Hardwood
Name: Breakfast Room
Dimensions: 11X13
Floor Type: Hardwood
Name: Mud Room
Dimensions: 8X4
Floor Type: Hardwood
Name: Foyer
Dimensions: 6X12
Floor Type: Hardwood
Name: Recreation Room
Dimensions: 25X27
Floor Type: Carpet
Name: Storage
Dimensions: 9X11
Floor Type: Tile
Name: Bedroom 7
Dimensions: 10X22
Floor Type: Carpet
Other Specifics
| 2 | |
| Brick/Mortar,Stone | |
| Garage Owned, Detached, Garage | |
| Gas Dryer Hookup, In Unit, Laundry Chute, Laundry Closet | |
| — | |
| Porch, Patio | |
| Dog Run, Outdoor Grill, Fire Pit | |
| — | |
| 50x123 | |
| Finished,Unfinished | |
| Full | |
| — | |
| — | |
| Not in DB | |
| Curbs, Sidewalks, Street Lights, Street Paved | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $36,069 |
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Listing Provided By
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