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  • $1,311,000

    5516 N Magnolia Ave, Chicago, IL 60640

    9beds
    --sqft
    Multi Family
    Built in 1903
    -- sqft lot
    $1,594,200 Zestimate®
    $--/sqft
    $4,007 Estimated rent

    Home value

    $1,594,200

    $1.39M - $1.83M

    $4,007/mo

    Zestimate® history
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    $7,717/mo

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    What's special

    *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!

    Zillow last checked:

    Listing updated:

    Listed by:

    India Whiteside 773-391-1128,

    @properties Christie's International Real Estate

    Bought with:

    Lisa Gilmour

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12324503MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 5
    Heating
    • Natural Gas, Steam
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 6,150 Square Feet
    • Dimensions: 50 X 123
    Details
    • Parcel number: 14081050270000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Lakewood Balmoral
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $1,020,000
    • Annual tax amount: $5,522
    • Date on market: 4/10/2025
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/5/2025Sold$1,311,000+9.3%
    Source: MRED as distributed by MLS GRID #12324503 Report a problem
    4/30/2025Pending sale$1,200,000
    Source: MRED as distributed by MLS GRID #12324503 Report a problem
    4/16/2025Contingent$1,200,000
    Source: MRED as distributed by MLS GRID #12324503 Report a problem
    4/10/2025Listed for sale$1,200,000
    Source: MRED as distributed by MLS GRID #12324503 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $102,000 +5.2%
    2023$5,522 -0.6%$97,000
    2022$5,553 +5%$97,000
    2021$5,286 -3.1%$97,000 +32.9%
    2020$5,455 +0.3%$73,005 -11%
    2019$5,439 +1.5%$82,029
    2018$5,357 -6.6%$82,029 +46.6%
    2017$5,735 -5.5%$55,967
    2016$6,069 +4%$55,967
    2015$5,832 +0.9%$55,967 +3.7%
    2014$5,782 -0.4%$53,996
    2013$5,803 +6.8%$53,996
    2012$5,432 +14.6%$53,996 -21.4%
    2011$4,742 +10.6%$68,677
    2010$4,287 +6.6%$68,677
    2009$4,022 -4.5%$68,677 -1.4%
    2008$4,211 -4.7%$69,637
    2007$4,416 -5.8%$69,637
    2006$4,689 -11.9%$69,637 +27.1%
    2005$5,319 -4.8%$54,805
    2004$5,585 -3.5%$54,805
    2003$5,786 -11.6%$54,805 +30.6%
    2002$6,545 -2.6%$41,967
    2001$6,722 +15.2%$41,967
    2000$5,837 -0.3%$41,967 +25.3%
    1999$5,857 $33,494
    Find assessor info on the county website

    Neighborhood: Andersonville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Peirce Elementary School Intl St
    • High: Senn 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
    $1,594,200
    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
    $1,594,200