IL > Chicago > Lakewood Balmoral
Chicago, IL 60640,5516 N Magnolia AVE
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Chicago, IL 60640,5516 N Magnolia AVE
Chicago, IL 60640,5516 N Magnolia AVE
Chicago, IL 60640,5516 N Magnolia AVE
Chicago, IL 60640,5516 N Magnolia AVE
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Katie Foss

Katie Foss

+1(224) 261-5782
$ 1,200,000
Est. payment /mo
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5516 N Magnolia AVE Chicago, IL 60640

8 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Lakewood Balmoral

MLS Listing ID 12324503

Bedrooms 8

Year Built 1903

Annual Tax Amount $5,522

Tax Year 2023

Lot Dimensions 50 X 123

Property Sub-Type Two to Four Units

Property Description

*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!

Location

State IL

County Cook

Area Chi - Edgewater

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Steam

Equipment Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Stucco, No

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Schools

Elementary Schools Peirce Elementary School Intl St

High Schools Senn High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by India Whiteside • @properties Christie's International Real Estate
agent

Katie Foss

Agent | License ID: 475.156593

+1(224) 261-5782

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5516 N Magnolia AVE

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