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Multifamily

4442 N Magnolia Ave

4442 N Magnolia Ave, Chicago, IL 60640

Listing Price: $1,825,000

Cap Rate
5.13%
Number of Units
6
Price/Unit
$304,167
Price/Gross SF
$170.16
Gross SF
10,725

Investment Overview

Uptown is a booming entertainment district where Chicago’s rich history and diversity blends together. This up-and-coming neighborhood draws Chicagoans to the area with historical landmarks such as the “Green Mill” and the “Aragon Ballroom”. The area is also filled with a wide selection of destination restaurants and theatre companies. Montrose Beach is easily accessible to Chicagoans living in Uptown, along with Lake Shore Drive and the CTA which makes commuting downtown simple.

Investment Highlights

  • Unit Mix: (2) 2 Bed/2 Bath, (3) 3 Bed/1 Bath, and (1) 3 Bed/2 Bath
  • Upgraded Units With Hardwood Flooring and Black Granite Countertops
  • Within the New Pilot Zone for the Newly Approved ADU Ordinance

Exclusively Listed By

Listing Price: $1,825,000

Cap Rate
5.13%
Number of Units
6
Price/Unit
$304,167
Price/Gross SF
$170.16
Gross SF
10,725

Investment Highlights

  • Unit Mix: (2) 2 Bed/2 Bath, (3) 3 Bed/1 Bath, and (1) 3 Bed/2 Bath
  • Upgraded Units With Hardwood Flooring and Black Granite Countertops
  • Within the New Pilot Zone for the Newly Approved ADU Ordinance

Investment Overview

Uptown is a booming entertainment district where Chicago’s rich history and diversity blends together. This up-and-coming neighborhood draws Chicagoans to the area with historical landmarks such as the “Green Mill” and the “Aragon Ballroom”. The area is also filled with a wide selection of destination restaurants and theatre companies. Montrose Beach is easily accessible to Chicagoans living in Uptown, along with Lake Shore Drive and the CTA which makes commuting downtown simple.

Exclusively Listed By

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