2253 Magnolia Avenue, Lincoln Park, Chicago, Illinois 60614


$1,360,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 9
Baths: 0
Year Built: 1884
Property Taxes: $25,814
Days On Market: 885
Lot Size: 0,00
Map
Street View

Description

This is a fantastic opportunity to invest in a well-maintained brick 3-flat + 3-level coach house in the desirable Lincoln Park/DePaul area. The property is fully occupied, making it an excellent option for an investor, or for someone looking to offset their mortgage payment by living in the coach house while renting out the other three units. Each unit is in high demand, and they rent quickly, with potential for rent increases.Coach house is 3 levels with 2 bedrooms and full bath upstairs, Kitchen / DR/ LR on main floor and bedroom, bathroom, laundry room / mechanicals on 1st floor. The 3-flat offers storage and shared laundry facilities in the basement, and all units have been updated over the years. Easy street parking. This property presents an incredible opportunity for a savvy investor or homeowner to own a great income-generating asset in a prime location! WALKING DISTANCE TO DEPAUL! Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around. Watch a Custom Drone Video Tour, Click on Video Button!

Property Specifics

Multi-unit
1884
No
0
Cook
— / —
11834252
14321130030000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Oscar Mayer Elementary School
299
Middle School
Oscar Mayer Elementary School
299 Not in DB
High School
Lincoln Park High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
17 May, 2021 Sold $1,380,000 MRED MLS
7 Apr, 2021 Under contract $1,369,000 MRED MLS
5 Apr, 2021 Listed for sale $1,369,000 MRED MLS
15 Sep, 2023 Sold $1,360,000 MRED MLS
10 Aug, 2023 Under contract $1,449,995 MRED MLS
17 Jul, 2023 Listed for sale $1,449,995 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished,Storage Space

Other Specifics

24X124
Not in DB

Tax History

Year Property Taxes
2021 $24,137
2023 $25,814

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Listing Provided By

Americorp, Ltd