5516 North Magnolia, Chicago IL 60640
$1,200,000

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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!

Features & Information

Key Details

  • List Price $1,200,000
  • Property Taxes $5,522
  • Price/ Sq. Ft. Unavailable
  • Year Built 1903
  • Parking Type Garage
  • Status Contingent

Rooms

  • Total Rooms 19
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Stucco
  • Heating & Cooling Gas, Hot Water/Steam
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator
  • Unit 3 Stove, Refrigerator, Washer, Dryer

Location

  • County Cook
  • Township Lake View
  • Corporate Limits Chicago
  • Directions to Property Bryn Mawr To Magnolia, One Way South
  • Schools

  • Elementary School District 299
  • School Name Peirce Elementary School
  • Junior High District 299
  • High School District: 299
  • School Name Senn High School
  • Property Taxes

  • Tax 5522
  • Tax Year 2023
  • Tax Exemptions Homeowner,Senior Freeze
  • Parcel Identification Number 14081050270000

Utilities

  • Sewer Sewer-Publ

Listed by India Whiteside for @properties Christie's International Real Estate | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/20/2025 11:32 AM. 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.

Explore Andersonville

The historic area of Andersonville offers the perfect balance between quaint, small-town comfort and urban sophistication, making it ideal for singles and young families alike. Reminiscent at times of an old-timey Swedish village, Andersonville has maintained much of its heritage with gems such as the Swedish American Center Museum and traditional European-style cafés and bakeries that serve up the best Swedish pancakes and lingonberry jam this side of the Norwegian Sea. Shop the global bonanza of boutiques and galleries along Clark Street and entertain your fondness for festivities at Andersonville's full schedule of community events and celebrations that span the calendar year. The neighborhood's Midsommarfest is an homage to Scandinavian dance, music, trinkets and food that attracts visitors from around the city and beyond.

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