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Updated Two-Unit Duplex
For Sale
$659,000
Pending

5401 N Magnet Avenue, Chicago, IL 60630

MULTI_FAMILY - Colonial - Chicago, IL

Property SizeContact for details
Lot Size0.25 Acres
Days on Market47

Property Features for 5401 N Magnet Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 4, Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Parking 2
Parking features Open, Garage
Basement Full, Finished
Lot features Corner Lot
Elementary school Farnsworth Elementary School
High school Taft High School
Elementary school district 299
Middle school district 299
High school district 299
Directions Take Milwaukee avenue to Manilla then (south) on Magnet to property.
Subdivision CHI - Jefferson Park
Standard status Pending
APN 13082110190000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7069

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Building Details

Year built 1925
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Colonial
Listing Agency: Hometown Real Estate Group LLC
Listed By: George Khalaf
Added: Jun 24 Changed: Aug 1 Last Checked: Aug 9 at 8:06PM
MLS# 12687715

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This updated two-unit duplex features an open-concept layout on both floors, with separate living and dining rooms, two bedrooms, and updated bathrooms. The second-floor unit includes an updated kitchen with 36" cherry cabinets, granite counters, a microwave, dishwasher, oak hardwood floors, and ample closet space, plus a furnace with central air. The first-floor unit offers an updated, modern kitchen with 42" shaker cabinets (including two lazy susan's), a trash/recycle drawer, spice drawer, self-closing doors and drawers, quartz counters, a microwave, dishwasher, and central air. A clean, finished basement provides extended living space with an updated bath, plenty of storage, and a laundry room.

Built in 1925 in a Colonial architectural style, the property sits on a 0.25-acre lot and is finished with vinyl siding under an asphalt roof. Heating is forced air with natural gas, and the home is connected to public sewer. Parking is offered with open parking and a garage, and the backyard overlooks a large two-car garage.

The building is described as a bright, sunny corner property and has been well maintained by a long-time owner.

Key Highlights

  • 0.25‑acre corner lot with updated two‑unit Colonial duplex
  • Built in 1925 with vinyl siding and an asphalt roof
  • Second‑floor unit: open concept, two bedrooms, updated bath and 36" cherry kitchen cabinets

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods Catering Service Tech Support Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,218
Businesses Nearby

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit Colonial duplex with updated kitchens and baths, finished basement space, and central air in both units.
Where is this duplex located?
The property is located at 5401 N Magnet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: 0.25‑acre corner lot with updated two‑unit Colonial duplex; Built in 1925 with vinyl siding and an asphalt roof; Second‑floor unit: open concept, two bedrooms, updated bath and 36" cherry kitchen cabinets
More about this property
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