6336 N Magnolia Avenue Chicago IL 60660 MLS #MRD12541109

MLS #MRD12541109 image #0
6336 N Magnolia Ave is perfect for an owner-user or an investor looking for a fantastic opportunity next to Loyola University and Lake Michigan. The property is a legal 3-unit with an additional garden unit in the basement. With large front living rooms featuring sun rooms, these units are cozy for a home owner or renter! There is a 2-car garage in the rear that has some deferred maintenance but is rented out. Newer boiler and hot water heater. The property is currently grossing over $101k per year with current leases! PROPERTY HAS ADDITIONAL LEASES SIGNED FROM 2026-2027 – NO USER POTENNTIAL IN NEAR FUTURE. Also available for purchase with this property is 6315 N Lakewood (Chicago) and 624 Clark St (Evanston).

Property Details

Price:
$1,125,000
MLS #:
MRD12541109
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chiedgewater
Listed Date:
Jan 5, 2026
Year Built:
1914
Chi – EdgewaterChiedgewater

Schools

School District:
130

Interior

Heating
Natural Gas, Radiant

Exterior

Construction Materials
Brick
Parking Features
Yes, Detached, Garage
Parking Spots
2
Roof
Flat

Financial

Maintenance Fee
$2,000
Net Operating Income
$65,471
Tax Year
2024
Taxes
$14,734

Listing Agent & Office

John Preston
Horvath & Tremblay IL, LLC

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6336 N Magnolia Avenue
Chicago, IL