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  • $1,311,000

    5516 N Magnolia Ave, Chicago, IL 60640

    9beds
    --sqft
    Multi Family
    Built in 1903
    -- sqft lot
    $1,322,500 Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    *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!

    Zillow last checked: 7 hours ago

    Listing updated: May 08, 2025 at 01:01am

    Listing courtesy of:

    India Whiteside 773-472-0200,

    @properties Christie's International Real Estate

    Bought with:

    Lisa Kahn

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12324503MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 5
    Heating
    • Natural Gas, Steam
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 6,150 sqft
    • Dimensions: 50 X 123
    Details
    • Parcel number: 14081050270000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Chicago
    • Subdivision: Lakewood Balmoral

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,322,500
    2% more+ $26,450
    With Zillow Showcase(estimated)
    $1,348,950