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37 Properties Within 0.5 miles of: 5516 N Magnolia, Chicago

5516 N Magnolia
Chicago, IL 60640

  • 8 Beds
  • Built In 1903
Price

$1,200,000

Est Payment
$6,821 / month (details)  
Taxes
$5,522  
Beds
8  
Rooms
19  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
50 X 123  
Built
1903  
Neighborhoods
Edgewater, Lakewood - Balmoral  
MLS
#12324503
Status
Contingent

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!

Property Map

Property Details

Utilities

  • Heating Natural Gas, Steam
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Sub/Complex
Lakewood Balmoral
Parking
2 Garage Spaces, On Site, Detached, Garage
Schools
Senn High School (299), Peirce Elementary School Intl St (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-10-2025 Listed at $1,200,000
04-15-2025 Status changed to Under Contract
Last Modified 4/15/25 7:33 PM

Nearby Transportation

  • Bus 36 0.1 mi
  • Bus 92 0.1 mi
  • Bus 84 0.1 mi
  • Bus 0.1 mi
  • Bus 146 0.3 mi
  • Bus 151 0.3 mi
  • Bus 136 0.3 mi
  • Bus 147 0.3 mi
  • Bus 22 0.3 mi
  • Bus 50 0.4 mi
  • Bus 148 0.7 mi
  • Bus 81 0.9 mi
  • Bus 155 1.1 mi
  • Bus 78 1.2 mi
  • Union Pacific North 1.2 mi
  • Red Line 0.2 mi
  • ZipCar 0.2 mi
  • I 94 West 3.8 mi
  • I 90 West 3.8 mi
  • I 90 East 3.8 mi
  • I 94 East 3.8 mi
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