*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!
Closed
$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
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#: 12324503

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