5911 N Magnolia AVE Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60660
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12183771
Style Brownstone
Bedrooms 6
Year Built 1911
Annual Tax Amount $14,280
Tax Year 2023
Lot Size 3,920 Sqft
Lot Dimensions 32.5 X 125
Property Description
Discover an exceptional investment opportunity in the heart of the popular Edgewater neighborhood. This meticulously upgraded two-flat property is a rare gem, set on an extra-wide lot in the coveted Magnolia Glen. With one unit boasting luxury finishes and the second offering potential for added value, this property perfectly balances elegance and practicality. The first-floor 3 bedroom, 3 bathroom duplex down has been thoughtfully designed and extensively rehabbed, ensuring a high-quality living experience. This is a true masterpiece, featuring a stunning kitchen equipped with commercial-grade appliances, including a 6-burner Miele stove with a venting hood, a Bosch refrigerator, and a dishwasher. The honed granite countertops and full-height backsplash create an inviting atmosphere, complemented by a large separate island and custom cabinetry, including a charming built-in breakfast nook. The luxurious master bathroom is a retreat in itself, showcasing a walk-in shower and double bowl vanities, providing a spa-like experience at home. A built-in sauna downstairs provides the true Scandinavian experience of Andersonville's heritage. Each unit is equipped with separate high-efficiency heating and cooling systems, along with in-unit washer and dryer, ensuring comfort and convenience for tenants. Every detail has been attended to, from upgraded electrical and plumbing systems to new insulation and beautifully refinished dark hardwood floors. The second floor is bright and spacious with room to add value. Each unit enjoys a four-season room off the kitchen. The back yard has lots of potential to do as you please. Buildings in this condition are rare finds, making this an incredible opportunity to live in a stunning unit while generating rental income from the second unit above. Tenants are responsible for all utilities, allowing for a hassle-free investment experience. Don't miss your chance to own this exceptional property in one of the city's most desirable neighborhoods, where luxury meets practicality in perfect harmony. Effortless access to the Redline, Metra, the scenic lakefront path, charming shops and delightful dining, all the vibrant hotspots of Andersonville/Edgewater await you!
Location
State IL
County Cook
Area Chi - Edgewater
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas,Forced Air,Sep Heating Systems - 2+,Indv Controls
Equipment Humidifier,Security System,Intercom,Ceiling Fan(s),Sump Pump
Fireplace N
Exterior
Exterior Feature Deck,Brick Paver Patio,Storms/Screens
Community Features Curbs,Sidewalks,Street Lights,Street Paved
Waterfront false
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan,Public
New Construction false
Schools
Elementary Schools Swift Elementary School Specialt
Middle Schools Swift Elementary School Specialt
High Schools Senn High School
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany