3746 N Magnolia

Chicago, IL 60613

This is a classic graystone 3 flat on an oversized lot (30x125). All 3 apartments are 3 bedrooms with a double parlor living room open to the dining room. Lots of original charm with original natural woodwork, and built-in hutches. Bay windows give the rooms extra light and create additional square footage. This property is located only 2 blocks from Blaine Elementary School (one of Chicago's best schools). Magnolia is an extra wide tree-lined street with beautiful vintage graystone buildings. Lots of old-world charm and character combined with today's modern luxuries. The apartments all have upgraded kitchens and bathrooms but have not recently been remodeled. All 3 apartments have GFA heat and central AC and enclosed rear porches. Current rents are low but can easily be increased. There is parking for 3 cars in the back. Expenses are as follows - Building Insurance $2,200 per year. Gas $1,200 Per year. Water $1,600 per year. Real Estate Taxes $25,435. Total expenses are $30,436.00. Current rents are very low! Great opportunity for a new owner!