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$1,311,000
8
beds
5
baths

5516 N Magnolia Avenue
Chicago, Illinois 60640

Closed / MLS #12324503 / Multiple Unit (2-4) / Edgewater
Listing information updated 5/8/2025 at 6:03am
*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!
Exterior Type:
Stucco
Basement:
Unfinished,Full
Beds Above Grade:
8
Heating System:
Natural Gas, Steam
Pool:
No
Age:
100+ Years
Parking Type:
Garage - On Site,Detached,Garage
Parking Spaces:
2
Garage:
Detached
Room Count:
19
Water Front:
No
Square Feet:
N/A
Lot Size:
Oversized Chicago Lot
Tax Amount:
$5,522
Tax Year:
2023
Zip Code:
60640
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
Peirce Elementary School Intl St
Middle School:
N/A
High School:
Senn High School

Listing Office: @PROPERTIES

Listing Office Phone: 773.472.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/8/2025 at 6:03am. 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. Some listings have been excluded from this website.

Edgewater

Edgewater, IL

Lakeside living never goes out of style in Edgewater. The neighborhood draws residents with its spectacular lake views, large beaches, thriving theater scene and restaurants with cuisines from around the world. Edgewater also boasts its fair share of antique shops, cafes and parks. Encompassing a nu...

CTA

CTA
Red line at Bryn Mawr
$410,748
Average Sale Price
47
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 5516 N Magnolia Avenue, Chicago, IL 60640
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5516 N Magnolia Avenue, Chicago, IL 60640 is a multiple unit (2-4) which sold for $1,311,000. 5516 N Magnolia Avenue features 8 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since April 10th, 2025 and was built in 1903. Nearby schools include Peirce Elementary School Intl St and Senn High School. The nearest transit stops include Bryn Mawr CTA Red line.

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