Save
Ask
Tour
Hide
Share
$1,200,000
6 Days On Site

5516 N Magnolia Avenue
Chicago, IL 60640

For Sale|Multi Family|Active Under Contract
8
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1903
Built
Subdivision:
Lakewood Balmoral
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate
Call Now: 312-767-7744
Is this the home for you? We can help make it yours.
312-767-7744
5516 N Magnolia Avenue5516 N Magnolia Avenue5516 N Magnolia Avenue5516 N Magnolia Avenue
Save
Ask
Tour
Hide
Share

*Highest and best due by Monday, April 14 at 6 pm. Lovely, large 3-flat on 50' lot on the west side of Magnolia, in beautiful Historic Lakewood Balmoral (no restrictions or Landmarking). Excellent opportunity to own rental units in this highly desired neighborhood, or convert to a single family home. Either way, some work is needed. Estate Sale; As Is. First floor has three bedrooms; one currently used as a den, with interior stairs to the basement. Duplex down potential! Two full bathrooms on this floor; huge double living room, generous sized dining room, family room with fireplace which is currently non-functioning but can be repaired. Bonus room off the kitchen leads to back deck overlooking the nice backyard. 2nd floor has 3 bedrooms, one full bathroom, and an additional room above the stairwell which makes an excellent office space. 3rd floor has two bedrooms (one without a closet), a pretty living room, a dining room or den, and large laundry room. Basement is unfinished; new boiler 6 years ago, water heater installed 2018. Roof approximately 23 years old. Wonderful community, easy access to Red Line, LSD, the lake front, beaches, and all the great stuff in Andersonville!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,200,000
Days On Site 
6 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1903
MLS® Number 
12324503
Status 
Active Under Contract
Property Tax 
$5,522
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
18 hours agoListing updated with changes from the MLS®
19 hours agoStatus changed to Active Under Contract
6 days agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
2
Parking 
On SiteDetachedGarage
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
UnfinishedFull
Heating 
Natural GasSteam
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Stucco
Community Features
MLS Area 
CHI - Edgewater
School District 
Senn High School
Township 
Lake View
Schools
School District
Senn High School
Elementary School
Peirce Elementary School Intl St
Middle School
Unknown
High School
Senn High School
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate



Based on information submitted to the MLS GRID as of 2025-04-16 06:57 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2025-04-16 06:57 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share