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5911 N Magnolia Avenue

Chicago, IL 60660
  • $995,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • MLS #: 12183771
Under Contract
UPDATED: 10 min ago
$995,000
  • 6
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1911
County:
Area:

School Information

High School:
School District:
299

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!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-11-04T15:07:16.86 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5911 N Magnolia Avenue Chicago, IL 60660

  • Price: $995,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 10 min ago
  • MLS #: 12183771
6
Beds
0
Baths
0
½ Baths
0.09
Acres
1911
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Elementary School:
Swift Elementary School Specialt
Middle School:
Swift Elementary School Specialt
High School:
Senn High School
School District:
299
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!
Exterior Features

Architectural Style Brownstone Exterior Building Type Brick Exterior Features DeckBrick Paver PatioStorms/Screens Is Parking Included In Price Yes Lot Size Oversized Chicago Lot Multi Family Type 2 Flat Parking Details Space/s Parking Features Off AlleyOversizedSecured Parking Onsite Yes Parking Ownership Owned Parking Total 3 Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bathroom Separate ShowerDouble Sink Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasForced AirSep Heating Systems - 2+Indv Controls Room Type Enclosed PorchFoyerRecreation RoomSun RoomUtility Room-Lower Level Rooms Total 20

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information Commuter BusCommuter Train Insurance Expense 2600 Mls Actual Status Contingent New Construction YN No Other Equipment HumidifierSecurity SystemIntercomCeiling Fan(s)Sump Pump Ownership Fee Simple Rebuilt YN No Rehab Year 2015 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 14280.78 Tax Year 2023 Total Numberof Unitsin Building 2 Total Rental Income 1950 Township North Chicago Type Two to Four Units Water Source Lake MichiganPublic Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams ONEChicago: 312-216-2422.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-11-04T15:07:16.86 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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