5844 Magnolia Avenue, Edgewater, Chicago, Illinois 60660


$958,400

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 11
Baths: 0
Year Built: —
Property Taxes: $16,318
Days On Market: 1540
Lot Size: 0,00

Description

Amazing 3+ Unit Property in Andersonville/Edgewater (Legal 3+ Garden In-Law Apartment) Oversized Lot 3535 sq. ft. and building recorded as 6315 sq. ft + Full Basement! Lot is essentially all building with amazing Patio Space! Great for Owner Occupiers and Fantastic Value Add+ Opportunity! Update or keep as is and collect rent. Units 1,2 & 3 - Roughly 2100 sq. ft. each 3 Bed 2 Bath, In-law unit 2 bed 1 bath! Boiler Building in Great Condition. Roof and Tuckpointing done in 2021! Most Windows Replaced in the last 8 years. Water Heater 2014. Each unit currently has free private washer/dryer in basement. Large rear patio with furniture for tenants to enjoy! You will be impressed!! Cap Rate: 6.95. Gross rent multiplier: 10.00

Property Specifics

Multi-unit
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Brick
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No
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Cook
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— / —
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—
11492572
14053100550000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Swift Elementary School Specialt
299 —
High School
Senn Achievement Academy High Sc
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
4 Jun, 2013 Sold $650,000 MRED MLS
2 Apr, 2013 Under contract $675,000 MRED MLS
22 Oct, 2012 Listed for sale $675,000 MRED MLS
28 Sep, 2022 Sold $958,400 MRED MLS
26 Aug, 2022 Under contract $975,000 MRED MLS
15 Aug, 2022 Listed for sale $975,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 7
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —

Other Specifics

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None
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—
37.5 X 94
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—
—
Not in DB
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—

Tax History

Year Property Taxes
2013 $11,502
2022 $16,318

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Contact Agent

Listing Provided By

Fulton Grace Realty