Residential Income for Sale: 5911 N Magnolia, Chicago, IL 60660

6 beds
$995,000
$995,000
5911 N Magnolia, Chicago, IL 60660
6 beds
$995,000
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Price:
$995,000

Type Residential Income
Style Brownstone
Beds 6
Lot Size 0.09 acres
Year Built 1911

City Chicago
County Cook
School District 299

MLS 12183771
Status Active Under Contract
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!

Room Features

Basement Description Finished

Virtual Tours for 5911 Magnolia Chicago, IL

Lot & Building Features

Architecture Brownstone
Heating Forced Air, Sep Heating Systems - 2+, Natural Gas, Indv Controls
Parking Description Space/s
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan, Public
Lot Dimensions 32.5 X 125 ft

Community and Schools

Elementary School 299
Junior High School Swift Elementary School Specialt
Senior High School Senn High School

Price History of 5911 Magnolia, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $995,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Nancy Hotchkiss
Direct: 312-339-3405
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Keller Williams ONEChicago, Brian Moon & Dean Ramoino
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1%
6.75%
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Monthly Taxes
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5911 Magnolia (MLS #12183771) is a brownstone residential income listing located in Chicago, IL. This residential income listing on a lot of 3,920 sqft (or 0.09 acres) with 6 bedrooms, 4 baths and is 100+ Years years old. This property was listed on 10/16/2024 and has been priced for sale at $995,000.

Nearby zip codes are 60626 and 60640.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams ONEChicago