2253 North Magnolia Avenue
2253 North Magnolia Avenue
$1,360,000
9
5
—
—
—
Closed 9/15/23
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Description
This is a fantastic opportunity to invest in a well-maintained brick 3-flat + 3-level coach house in the desirable Lincoln Park/DePaul area. The property is fully occupied, making it an excellent option for an investor, or for someone looking to offset their mortgage payment by living in the coach house while renting out the other three units. Each unit is in high demand, and they rent quickly, with potential for rent increases. Coach house is 3 levels with 2 bedrooms and full bath upstairs, Kitchen...This is a fantastic opportunity to invest in a well-maintained brick 3-flat + 3-level coach house in the desirable Lincoln Park/DePaul area. The property is fully occupied, making it an excellent option for an investor, or for someone looking to offset their mortgage payment by living in the coach house while renting out the other three units. Each unit is in high demand, and they rent quickly, with potential for rent increases. Coach house is 3 levels with 2 bedrooms and full bath upstairs, Kitchen / DR/ LR on main floor and bedroom, bathroom, laundry room / mechanicals on 1st floor. The 3-flat offers storage and shared laundry facilities in the basement, and all units have been updated over the years. Easy street parking. This property presents an incredible opportunity for a savvy investor or homeowner to own a great income-generating asset in a prime location! Walking distance to depaul! Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around. Watch a Custom Drone Video Tour, Click on Video Button!
- Listed by Matt Laricy • Americorp, Ltd
Sold By Best Chicago Properties, LLC
Property Details for 2253 North Magnolia Avenue
Area
CHI - Lincoln Park
TownshipNorth Chicago
OwnershipFee Simple
Num Of Cars0.0
Parking Included in PriceNo
Heat/FuelNatural Gas, Forced Air
Location
LISTING UPDATED: 09/17/2023 03:00 AM
Property Details for 2253 North Magnolia Avenue
Status | Closed |
---|---|
MLS # | 11834252 |
Days on Market | 60 |
Taxes | $25,814 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1884 |
Lot Size | 0.07 AC / 2,976 SF |
County | Cook County |
Location
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Building Information for 2253 North Magnolia Avenue
Stories-Residences4Year Built1884Building Size-Lot Size0.07 AC / 2,976 SF
Payment Calculator
$9,573 per month
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Property Information for 2253 North Magnolia Avenue
Property History for 2253 North Magnolia Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2253 North Magnolia Avenue
Taxable ValueLand$37,200Additions$91,171Total$128,371
Tax Record2022$26,404 ($2,200 / month)
Home Facts
Baths3Total Finished SqFt2,603 SqFtAbove Grade Finished SqFt2,603 SqFtStories3Lot Size2,976 SqFtStyleMulti-Family Res (5+ Units)Year Built1882CountyCOOKAPN14-32-113-003
Schools near 2253 North Magnolia Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Public - | PK to 8 |
Rating | School | Distance |
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Mayer Elementary School PublicPK to 8 | ||
Lincoln Park High School Public9 to 12 | ||
Newberry Elementary Math & Science Academy PublicPK to 8 | ||
Drummond Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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