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!
Closed
$1,360,000
2253 N Magnolia Ave, Chicago, IL 60614
9beds
--sqft
Multi Family
Built in 1884
-- sqft lot
$1,697,300 Zestimate®
$--/sqft
$4,564 Estimated rent
Home value
$1,697,300
$1.54M - $1.87M
$4,564/mo
Zestimate® history
Owner options
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$9,728/mo
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Laundry roomCoach houseEasy street parkingShared laundry facilities
Zillow last checked:
Listing updated:
Listing courtesy of:
Matt Laricy 708-250-2696,
Americorp, Ltd
Bought with:
Chuck Gullett
Best Chicago Properties, LLC
Source: MRED as distributed by MLS GRID,MLS#: 11834252
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Storage Space,Full
Property
Features
- Patio & porch: Patio
Lot
- Size: 2,976 sqft
- Dimensions: 24X124
Details
- Parcel number: 14321130030000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1884
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2023 | Sold | $1,360,000-6.2% |
Source:  MRED as distributed by MLS GRID #11834252 Report a problem | ||
| 8/11/2023 | Contingent | $1,449,995 |
Source: MRED as distributed by MLS GRID #11834252 Report a problem | ||
| 7/17/2023 | Listed for sale | $1,449,995 |
Source: MRED as distributed by MLS GRID #11834252 Report a problem | ||
| 7/17/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11812003 Report a problem | ||
| 6/20/2023 | Listed for sale | $1,449,995-3.3% |
Source: MRED as distributed by MLS GRID #11812003 Report a problem | ||
| 6/20/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11772996 Report a problem | ||
| 5/2/2023 | Listed for sale | $1,500,000+8.7% |
Source: MRED as distributed by MLS GRID #11772996 Report a problem | ||
| 12/13/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11037647 Report a problem | ||
| 5/17/2021 | Sold | $1,380,000+0.8% |
Source: MRED as distributed by MLS GRID #11037647 Report a problem | ||
| 4/7/2021 | Contingent | $1,369,000 |
Source: MRED as distributed by MLS GRID #11037647 Report a problem | ||
| 4/5/2021 | Listed for sale | $1,369,000+182% |
Source: MRED as distributed by MLS GRID #11037647 Report a problem | ||
| 11/7/1994 | Sold | $485,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $135,000 +5.2% |
| 2023 | $27,085 +2.6% | $128,371 |
| 2022 | $26,404 +2.3% | $128,371 |
| 2021 | $25,814 +6.5% | $128,371 +18% |
| 2020 | $24,241 +0.4% | $108,817 -9.4% |
| 2019 | $24,137 +1.7% | $120,136 |
| 2018 | $23,731 +5.1% | $120,136 +14.5% |
| 2017 | $22,578 +7.5% | $104,884 |
| 2016 | $21,007 +9.3% | $104,884 |
| 2015 | $19,220 +37% | $104,884 +38.7% |
| 2014 | $14,030 +2% | $75,619 |
| 2013 | $13,753 -31.6% | $75,619 -32.5% |
| 2012 | $20,093 -10.9% | $111,970 -22.6% |
| 2009 | $22,562 +15.4% | $144,689 +6.2% |
| 2008 | $19,546 +1% | $136,256 |
| 2007 | $19,352 -1.1% | $136,256 |
| 2006 | $19,561 +67.4% | $136,256 +90.6% |
| 2005 | $11,683 +1% | $71,501 |
| 2004 | $11,566 +2.2% | $71,501 |
| 2003 | $11,314 +22.4% | $71,501 +39% |
| 2002 | $9,242 -8.4% | $51,441 -11.7% |
| 2001 | $10,088 +44.3% | $58,253 |
| 2000 | $6,991 -0.7% | $58,253 +60.1% |
| 1999 | $7,039 | $36,394 |
Find assessor info on the county website
Neighborhood: Lincoln Park
Nearby schools
GreatSchools rating
- 10/10Mayer Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 7/10Lincoln Park High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Oscar Mayer Elementary School
- Middle: Oscar Mayer Elementary School
- High: Lincoln Park High School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,697,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,697,300
- Illinois
- Cook County
- Chicago
- 60614
- Lincoln Park
- 2253 N Magnolia Ave
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