Closed

$4,200,000

4642 Magnolia Avenue, Chicago, IL 60640
106 days
4642 Magnolia Avenue·Chicago, IL 60640
2024Year Built
About This Home

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.

MLS# 12371680Listed May 21, 2025Commercial Sale
Property Details

Beds & Baths

Size & Structure

Fireplaces6
Year Built2024
Lot Size50X162

Location

CountyCook
TownshipLake View
Zip Code60640

Financial

List Price$4,200,000
Annual Taxes (2023)$10,254
Monthly Tax Est.$855
Parcel #14171100160000
Interior Features

Cooling

Central Air

Basement

Finished8 ft + pour
Exterior & Lot

Construction

BrickLimestone

Roof

Membrane

Foundation

Concrete Perimeter
Utilities & Parking

Electric

Circuit Breakers
Tax & Financial
Annual Taxes
$10,254
Tax Year 2023
Monthly Tax Est.
$855
per month
Property Location

4642 Magnolia Avenue, Chicago, IL 60640 — Cook County

$4,200,000
4642 Magnolia Avenue
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
106 days on market
6 fireplaces
50X162
$10,254/yr taxes
$22,927
estimated monthly payment
Principal & Interest
$22,073/mo
Property Tax
$855/mo
$4,200,000
20% — $840,000
3%50%
6.875%
3%12%
Loan Amount
$3,360,000
Down Payment
$840,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Jeffrey Lowe
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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