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$1,725,000
49 Days Online

2246 N Magnolia Avenue
Chicago, IL 60614

For Sale|Multi-Family|Active
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate 847-881-0200
Call Now: 312-767-7744
Is this the home for you? We can help make it yours.
312-767-7744
2246 N Magnolia Avenue2246 N Magnolia Avenue2246 N Magnolia Avenue2246 N Magnolia Avenue
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GORGEOUS BRICK MULTI-UNIT OFFERING A 6.3% CAP RATE IN THE PERFECT DEPAUL UNIVERSITY LOCATION! A BRICK BEAUTY NESTLED ON ONE OF THE PRETTIEST RESIDENTIAL STREETS IN LINCOLN PARK. EACH UNIT IS BEAUTIFULLY UPDATED AND FULLY OCCUPIED WITH THE POTENTIAL TO INCREASE RENTS. THIS UNIQUE PROPERTY OFFERS FIVE UNITS WITH ONE PIN, INCLUDING FOUR 1 BED/1 BATH UNITS PLUS A STUNNING STAND-ALONE 3 BED/ 2 BATH FARM STYLE COACH HOUSE WITH ALL NEWER WINDOWS AND HARDY PLANK SIDING FINISHED IN 2019! EACH UNIT CHECKS THE BOXES, EASY TO RENT WITH UPDATED KITCHENS & BATHS, CENTRAL AIR, IN-UNIT WASHER/DRYERS, HARDWOOD FLOORS, BRIGHT & SUNNY, AND WELL MAINTAINED. PLEASURE TO MANAGE WITH FANTASTIC TENANTS WHO APPRECIATE THE FINE TASTE AND DESIGN OF EACH UNIT. ADDITIONAL FEATURES INCLUDE HIGH CEILINGS, BUILT-IN CLOSETS, STONE COUNTERTOPS, SS APPLIANCES, & CUSTOM WINDOW TREATMENTS. LONG-TERM INVESTMENT WITH R-4 ZONING OFFERS INVESTORS AN EXCELLENT OPPORTUNITY TO ADD THIS BEAUTIFUL LINCOLN PARK PROPERTY TO THEIR PORTFOLIO. CRAWL SPACE OFFERS 2022 CONCRETE FLOORING AND LIGHTING, 2021 ROOF SILVER-COATED. STEPS TO HIGHLY RATED OSCAR MAYER SCHOOL, DEPAUL UNIVERSITY, CLOSE BY RED AND BROWN LINES, RESTAURANTS, SHOPPING, HIGHWAY ACCESS AND SO MUCH MORE! AGENT OWNED

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Listing Snapshot
Price 
$1,725,000
Days Online 
49 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1895
MLS Number 
11711217
Status 
Active
Property Tax 
$26,352
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Construction 
Brick
Parking Spaces 
0
Electric 
Circuit Breakers
Number of Stories 
2
Acreage 
0.06
Zoning 
MULTI
Number Of Stories 
2
Parking Total 
0
Interior Features
Cooling 
Central Air
Fireplaces 
0
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Exterior Features
Roof 
Reflective Coating
Construction Details 
BrickWood Frame
Community Features
Township 
Lake View
MLS Area 
CHI - Lincoln Park
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate 847-881-0200



Based on information submitted to the MLS GRID as of 2023-03-23 08:45 AM 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.
Data last updated: 2023-03-23 08:45 AM UTC
MRED DMCA Copyright Information Copyright © 2023 Midwest Real Estate Data LLC. All rights reserved.

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