This classic Chicago brick four-flat sits on an oversized lot in the charming Magnolia Glen pocket of Edgewater. Each of the four apartments offers functional floor plans that present exciting opportunities to reconfigure. An internal staircase down to the basement with high ceilings from unit 1E allows for an incredible duplex down option. Located in the ADU pilot program zone, there is potential to add an extra unit, making it a 5-unit building. Parking for six cars sets this property apart and adds more income. With rents currently under market, the property is primed for significant value-add upside. Whether you’re an investor seeking to maximize cash flow or an owner-occupant envisioning a customized home with income, this four-flat delivers. Lovingly maintained for generations. Endless possibilities await the next steward of this magnificent property. Close to trains, parks, lakefront, schools, grocery stores, restaurants, and more, in the heart of Edgewater!
Property Details
Price:
$959,000
MLS #:
MRD12478441
Status:
Active Under Contract
Beds:
4
Baths:
4
Type:
Multi Family
Neighborhood:
chiedgewater
Listed Date:
Sep 23, 2025
Year Built:
1906
Schools
School District:
299
Elementary School:
Swift Elementary School Specialt
High School:
Senn High School
Interior
Heating
Natural Gas, Radiant, Radiator(s)
Exterior
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Owned, Garage
Parking Spots
6
Financial
Tax Year
2023
Taxes
$16,879
Listing Agent & Office
Randy Nasatir
@properties Christie’s International Real Estate
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