Chicago, IL 60640,4642 N Magnolia Avenue
Chicago, IL 60640,4642 N Magnolia Avenue
Chicago, IL 60640,4642 N Magnolia Avenue
Chicago, IL 60640,4642 N Magnolia Avenue
Chicago, IL 60640,4642 N Magnolia Avenue
Chicago, IL 60640,4642 N Magnolia Avenue
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$ 4,200,000
Est. payment | /mo

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$ 4,200,000
Est. payment | /mo
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Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12371680

Year Built 2024

Annual Tax Amount $10,254

Tax Year 2023

Lot Dimensions 50X162

Property Sub-Type Multi Family 5+

Property Description

Introducing an exceptional new construction investment opportunity, this sleek and sophisticated six-unit building offers the perfect combination of luxury and functionality. Oversized deep lot creates expansive layouts, providing large living and bedroom spaces. The building comprises of Two 4-bedroom, 2.5-bath duplex down homes -Two 2-bedroom, 2-bath simplex middle floor units - and Two 2-bedroom, 2-bath penthouse units with interior staircases to private roof decks including an oversized doghouse with wet bars. Each unit is thoughtfully designed with an emphasis on quality and style, featuring: Brand-new gourmet kitchens equipped with professional-grade appliances, stone countertops, and full-height backsplashes. Custom bathrooms with luxurious finishes including heated floors and steam showers. The building is secured with gated, private parking, offering a designated space for each unit, including power for electric vehicles. The standout facade combines timeless brick and limestone, creating a visually stunning exterior that makes a statement. Top-tier construction with concrete soundproofing, hardwood floors throughout, and custom trim in every detail. Built to condo-quality standards, this property offers durability and luxury in one investment package. Whether for long-term rental or future resale, this is an unparalleled opportunity for premium urban living.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Finished, 8 ft + pour

Interior

Cooling Central Air

Fireplaces Number 6

Fireplace Y

Exterior

Utilities Available Sewer Connected

View Y/N true

Roof Type Membrane

Building

Foundation Concrete Perimeter

Structure Type Brick,Limestone

Listed by Jeffrey Lowe • Compass
agent-avatar

+1(773) 344-0738

michael.kang@cbrealty.com

676 N Michigan Ave. Ste 3010, Chicago, IL, 60611, United States

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4642 N Magnolia Avenue