5229 Magnolia Avenue, Edgewater, Chicago, Illinois 60640

Subdivision > Lakewood Balmoral

$1,440,000

Sold
Status: Closed
Sqft: 3,381
Cost/Sqft: $407
Beds: 3
Baths: 4
Year Built: 1907
Property Taxes: $17,928
Days On Market: 1717
Lot Size: 0,08
Map
Street View

Description

Lakewood Balmoral Historic District offers this Absolutely stunning hi tech 6 year old gut rehab with 3 bedrooms and an office up and 2 bedrooms in the dug out lower level plus 3.1 baths. Solar panels provide 75% of the power needed for the home as well as the 220v ChargePoint electric car charger in the 2-car garage. Steel beam construction on the 1st and 2nd levels allow interior walls to be optional. Elegant floor to ceiling stone fireplace anchors the living room. Open kitchen/family room has generous Quartz counters, stainless Uline wine fridge and Thermador appliances. Glass double doors lead to a deck and patio with an outdoor Masterforge kitchen, and beautiful landscaping. All power lines are buried and outdoor speakers are nestled in the ground around the patio. The lower level holds an entertainment room, 156 bottle wine room, full bath and large bedroom with walk in closet. Smaller 5th bedroom used as a gym. 300amp service, 2019 dual zoned Lennox HVAC and newer water heater. Insulated with spray foam, and waterproofed with a drain tile system, back flow valve, sump and ejector pump, this lower level will remain warm and dry! Dramatic 2nd floor skylighted gallery opens to 3 generous bedrooms including a huge primary suite with walk in closet and soundproof Quiet Rock walls separating the attached bath featuring a soaking tub, separate steam shower and WC, plus luxurious heated floors. Indirect lighting outlines the hallway to your second full bath, and an office or extra bedroom, side by side Electrolux washer/dryer, and second HVAC. Smart home digital systems control light, Sonos music, and security systems. Tear off roof in 2014-15 is silvered, modified bitumen, with decorative steel panels facing the street. All plumbing was replaced and 300 amp electric service installed with all new wire throughout the home. IMPORTANT the solar company, SunPower, credits the energy savings each month to Com Ed. Average electric cost per month is $53.00 and annually is $636. Seller will supply documentation. Ideal location between the lakefront beaches, bike path, and Andersonville shops, restaurants and entertainment. Five minute walk to the red line el with express buses just beyond. Peirce elementary school district, with wonderful private schools close by. The neighborhood's motto is 'Historically Friendly' and offers lots of activities for all ages to meet neighbors and enjoy this special place!

Property Specifics

Single Family
Brownstone
1907
Full
No
0.08
Cook
Lakewood Balmoral
— / Not Applicable
None
Lake Michigan
Public Sewer
11174108
14081280090000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Peirce Elementary School Intl St
299
High School
Senn Achievement Academy High Sc
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
2 Oct, 2013 Sold $670,000 MRED MLS
25 Aug, 2013 Under contract $675,000 MRED MLS
19 Aug, 2013 Listed for sale $675,000 MRED MLS
8 Oct, 2021 Sold $1,440,000 MRED MLS
9 Aug, 2021 Under contract $1,375,000 MRED MLS
5 Aug, 2021 Listed for sale $1,375,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 3
Bedrooms Below Ground: 2
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: Carpet
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: Carpet
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: Carpet
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: 1
Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Soaking Tub
Bathroom in Basement: 1
Additional Rooms Info:
Rooms: Bedroom 5,Office,Recreation Room,Foyer,Utility Room-Lower Level,Walk In Closet,Deck
Basement: Full
Basement Description: Finished

Other Specifics

2
Deck, Patio, Porch, Storms/Screens, Outdoor Grill, Fire Pit
28X123
Full
Skylight(s), Hardwood Floors, Heated Floors, First Floor Bedroom, Second Floor Laundry, Walk-In Closet(s), Open Floorplan, Some Carpeting, Some Window Treatmnt, Separate Dining Room, Some Wall-To-Wall Cp
Range, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Gas Oven
Not in DB
Park, Lake, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Gas Starter

Tax History

Year Property Taxes
2013 $8,217
2021 $17,928

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