5553-59 N Magnolia Ave
5553-59 N
MAGNOLIA
MAGNOLIA
5553-59 NORTH MAGNOLIA
ANDERSONVILLE, CHICAGO
ANDERSONVILLE, CHICAGO
Purchased in 2014, this multifamily acquisition in the heart of Andersonville involved a full cosmetic renovation of the property, including the addition of laundry facilities and duplex basement units.
Renovations included brand-new kitchens and bathrooms, hardwood flooring, updated fixtures, and fresh paint throughout the building.
After construction was completed in 2015, the property was stabilized, refinanced, and held until its recent sale in 2025.
Sold for $7.8 million, the project generated well over $3 million in added value.
Renovations included brand-new kitchens and bathrooms, hardwood flooring, updated fixtures, and fresh paint throughout the building.
After construction was completed in 2015, the property was stabilized, refinanced, and held until its recent sale in 2025.
Sold for $7.8 million, the project generated well over $3 million in added value.
Multi-Family
Property Type
27,000+ SF
28 Units
