Active

New

4616 N Magnolia Avenue

Chicago IL, 60640

$2,850,000


Active

New

9 Beds

10 Baths

Multi-family

Built in 1910

Courtesy of @properties Christie's International Real Estate

Discover a rare opportunity with this exquisitely updated 3-unit multi-family property, originally built in 1910, located in the heart of Sheridan Park between Ravenswood and Uptown. Adding to the allure is the prized, adjoining secret garden-a serene oasis tucked away from the bustling city. With its lush greenery and tranquil charm, it offers a rare retreat in an urban setting, providing a perfect escape for relaxation and enjoyment. This additional lot also holds potential for future development or can remain as a cherished garden, enhancing the property's uniqueness. Seamlessly blending historic charm with modern conveniences, this property offers endless potential for both homeowners and investors. Each of the three expansive units features classic architectural details such as original built-ins, antique ice chests, butler's pantries, stunning millwork, stained glass windows, and gas fireplaces. The spacious floorplans include grand foyers, three large bedrooms (two en-suite), bright living rooms with built-in bookcases, and enclosed sunporches that provide treetop views and an abundance of natural light. A charming library in each unit can easily serve as a fourth bedroom, adding flexibility for tenants or owners. A true standout feature is the lower-level basement, which holds the potential to be re-imagined as a fourth unit-unlocking even more value. The property has been thoughtfully updated, ensuring the perfect blend of old-world elegance and contemporary living. Security and convenience are prioritized, with a fully gated lot, security cameras, an alarm system, and rare garage parking for up to seven vehicles. Situated just steps from public transit, boutique shopping, and a vibrant restaurant scene, this multifamily masterpiece offers an unmatched urban lifestyle. Whether you're looking to generate rental income or secure a one-of-a-kind residence with investment potential, this property is a true investor's goldmine. Pride of ownership shines throughout-schedule your showing today and explore the possibilities! Please note: Each unit is a separate unit part of a three unit condo with its own PIN.

12197878

MLS ID

October 29, 2024

Listed

October 30, 2024

Updated

Map

4616 N Magnolia Avenue
Chicago IL, 60640

Interior Features

Bedrooms

9


Total Bathrooms

10


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Other

Exterior/Building Features

Sewer

Public Sewer

School Information

School District

299


High School

Senn High School


Elementary School

Courtenay Elementary School Lang

Other Property Details

Area Name

CHI - Uptown


Taxes

$22,786


Tax Frequency

Annually


Days on Market

3


Garage

Yes


Garage Spaces

7


Parking Total

7


View

No


County

Cook


Municipality

Lake View


Water Source

Lake Michigan


Pool

No

Courtesy of @properties Christie's International Real Estate, Carrie McCormick,
Listing Contact: 773-472-0200 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Gonella Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 10/30/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 9:37 AM UTC, 10/30/2024

 

 

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