$995,000
 $5,341 est/mo Sourced by Back At You

5911 N Magnolia Avenue , Chicago, IL 60660

Chicago, IL 60660

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Description

Discover an exceptional investment opportunity in the heart of the popular Edgewater neighborhood. This meticulously upgraded two-flat property is a rare gem, set on an extra-wide lot in the coveted Magnolia Glen. With one unit boasting luxury finishes and the second offering potential for added value, this property perfectly balances elegance and practicality. The first-floor 3 bedroom, 3 bathroom duplex down has been thoughtfully designed and extensively rehabbed, ensuring a high-quality living experience. This is a true masterpiece, featuring a stunning kitchen equipped with commercial-grade appliances, including a 6-burner Miele stove with a venting hood, a Bosch refrigerator, and a dishwasher. The honed granite countertops and full-height backsplash create an inviting atmosphere, complemented by a large separate island and custom cabinetry, including a charming built-in breakfast nook. The luxurious master bathroom is a retreat in itself, showcasing a walk-in shower and double bowl vanities, providing a spa-like experience at home. A built-in sauna downstairs provides the true Scandinavian experience of Andersonville's heritage. Each unit is equipped with separate high-efficiency heating and cooling systems, along with in-unit washer and dryer, ensuring comfort and convenience for tenants. Every detail has been attended to, from upgraded electrical and plumbing systems to new insulation and beautifully refinished dark hardwood floors. The second floor is bright and spacious with room to add value. Each unit enjoys a four-season room off the kitchen. The back yard has lots of potential to do as you please. Buildings in this condition are rare finds, making this an incredible opportunity to live in a stunning unit while generating rental income from the second unit above. Tenants are responsible for all utilities, allowing for a hassle-free investment experience. Don't miss your chance to own this exceptional property in one of the city's most desirable neighborhoods, where luxury meets practicality in perfect harmony. Effortless access to the Redline, Metra, the scenic lakefront path, charming shops and delightful dining, all the vibrant hotspots of Andersonville/Edgewater await you!

Details

MLS#12183771
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1911
Days On Site19
Listing Provided ByKeller Williams ONEChicago | Brian Moon

Features

Bed(s)6
Bath(s)4
BasementY
ZoningMULTI
Acreage0.09

Market Activity 60660

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60660
AreaCHI Edgewater
School DistrictSenn High School
Elementary SchoolSwift Elementary School Specialt
Middle SchoolSwift Elementary School Specialt
High SchoolSenn High School
Listing VS Median (in 60660)
Price:
$995,000
low | high
Med:
$0
On Site:
19
low | high
Med:
7.000000
100% of Average
Sourced by Back At You
Listing Updated: October 31, 2024 at 12:40:00 PM PDT