4616 N Magnolia Avenue , Chicago, IL 60640
Chicago, IL 60640
Description
100x155 lot size - 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.
Details
| MLS# | 12219081 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 19 |
| Listing Provided By | @properties Christie's International Real Estate | Carrie McCormick |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 10 |
| Garage | 7 |
| Basement | Y |
Market Activity 60640
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60640 |
| Area | CHI Uptown |
| School District | Senn High School |
| Elementary School | Courtenay Elementary School Lang |
| Middle School | Courtenay Elementary School Lang |
| High School | Senn High School |
| Listing VS Median (in 60640) | |
Price: $2,850,000 low | high Med: $27,800 On Site: 19 low | high Med: 11.500000 | |