5516 Magnolia Avenue, Edgewater, Chicago, Illinois 60640

Subdivision > Lakewood Balmoral

$1,311,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1903
Property Taxes: $5,522
Days On Market: 168
Lot Size: 0,00
Map
Street View

Description

*Highest and best due by Monday, April 14 at 6 pm. Lovely, large 3-flat on 50' lot on the west side of Magnolia, in beautiful Historic Lakewood Balmoral (no restrictions or Landmarking). Excellent opportunity to own rental units in this highly desired neighborhood, or convert to a single family home. Either way, some work is needed. Estate Sale; As Is. First floor has three bedrooms; one currently used as a den, with interior stairs to the basement. Duplex down potential! Two full bathrooms on this floor; huge double living room, generous sized dining room, family room with fireplace which is currently non-functioning but can be repaired. Bonus room off the kitchen leads to back deck overlooking the nice backyard. 2nd floor has 3 bedrooms, one full bathroom, and an additional room above the stairwell which makes an excellent office space. 3rd floor has two bedrooms (one without a closet), a pretty living room, a dining room or den, and large laundry room. Basement is unfinished; new boiler 6 years ago, water heater installed 2018. Roof approximately 23 years old. Wonderful community, easy access to Red Line, LSD, the lake front, beaches, and all the great stuff in Andersonville!

Property Specifics

Multi-unit
1903
No
Cook
Lakewood Balmoral
— / —
12324503
14081050270000

Nearby Schools

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

Property History

DATE: EVENT: PRICE: SOURCE:
5 May, 2025 Sold $1,311,000 MRED MLS
15 Apr, 2025 Under contract $1,200,000 MRED MLS
10 Apr, 2025 Listed for sale $1,200,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
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: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
50 X 123
Not in DB

Tax History

Year Property Taxes
2025 $5,522

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Listing Provided By

@properties Christie's International Real Estate