0 Beds

$4,000,000

4642 N Magnolia Avenue, Chicago IL, 60640

Built in2024

Property typeMulti-family

Bought with Gannon Sauvage with Compass and Listed by Jeffrey Lowe with Compass 312-319-1168

Overview

Sold

Closed

Listed May 21, 2025

Updated May 29

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.

Other Property Details

Taxes: $10,254
Tax Frequency: Annually
Maintenance Expense: $1,500

Bought with Gannon Sauvage with Compass and Listed by Jeffrey Lowe with Compass 312-319-1168

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity^SM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Klopas-Stratton Team are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED 5/29/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

Data is refreshed every 3 hours. Listing last updated 2:16 PM UTC on 5/29/2026.

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