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Chicago 60613 Lakeview
3642 N Magnolia Avenue
$3,000,000
House - For Sale

3642 N Magnolia Avenue

Chicago, IL 60613
bedrooms
5 Beds
bathrooms
7 Baths
square feet
6100 Sqft
$16,787
Estimated Monthly
$0
HOA / Fees
0.66%
Cap Rate

About This Property

Welcome to 3642 North Magnolia Avenue, where luxury meets timeless elegance in this stunning single-family residence. Crafted with meticulous attention to detail, this brand-new home epitomizes modern sophistication while retaining classic charm. Nestled within a vibrant neighborhood renowned for its elegant greystone residences, this property represents the pinnacle of refined living in a historic locale. Spanning over 6,100 square feet, this architectural masterpiece designed by Mike Schivley of En Masse boasts six generously appointed bedrooms and five full bathrooms, complemented by two powder rooms. The heart of the home lies in its chef's kitchen - a sanctuary for culinary enthusiasts adorned with custom cabinetry, a magnificent 10-foot quartz island, and premier Wolf & SubZero appliances, ensuring both practical functionality and exquisite style for everyday use or grand entertaining. Beyond its impeccable interior, this residence offers a 3-car brick garage with a deck, providing ample parking space and a serene outdoor retreat. Indulge in the opulence of the lavish 775 square foot primary suite, featuring two envy-inducing walk-in closets and a sumptuous bathroom adorned with a luxurious soaking tub, offering a sanctuary of relaxation and indulgence. With over 1,600 square feet of meticulously landscaped outdoor space, this property provides a private oasis ideal for hosting gatherings or simply basking in moments of tranquility amidst the bustling cityscape. Ready for occupancy Spring 2024, this residence embodies the essence of modern comfort and sophistication. Situated in a neighborhood exuding timeless appeal, characterized by tree-lined streets and a harmonious blend of historic and contemporary homes, residents enjoy unparalleled access to boutique shops, gourmet dining establishments, entertainment venues, and convenient public transportation options. This exceptional property at 3642 N Magnolia Ave presents an extraordinary opportunity to own a luxurious, state-of-the-art residence in a cherished historic neighborhood, promising a lifestyle defined by sophistication, comfort, and enduring elegance.

The manager has listed the unit size as 6100 square feet.
Unit Size
6,100Ft²
Days on Market
79 days
Land Size
-
Price per sqft
$492
Property Type
House
Property Taxes
$2,056
HOA Dues
-
Year Built
1910
Last updated: 3 months ago (MREDIL #11937742)

Price History

Date / Event Date Event Price
Feb 12, 2024 Listed by Compass Real Estate $3,000,000
Listed by Compass Real Estate
Jul 27, 2022 Sold $1,200,000
Sold

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Exterior Details

Exterior Information

Stone

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,720
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,072
  • Gross Building Area: 3,072
  • Building Area: 3,072
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: EDSONS SUB
  • Land Acres: 0.085
  • Legal Description 1: (SUBDIVISION) OF BLKS9-10 OF EDSONS SUB SEC 20-40-14

Ownership

  • Current Owner : JCM REALTY INVESTMENTS LLC - 3642 N MAGNOLIA
  • Previous Owner : HARRIS DANIEL H
  • Previous Owner 2: HARRIS ELIZABETH L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 061200

Zoning

  • Zoning: RT-3.5

Geography

  • Assessors Map Reference: 009-114-06
  • District: 73
  • Parcel: 14-20-125-020-0000
  • Block: 9,10
  • Lot: 7,6
  • Meridian: SEC 20 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9484
  • Longitude: -87.6608

    Address

  • Full Address: 3642 N Magnolia Ave
  • Address - House Number: 3642
  • Street Direction: N
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 3821
  • Zip Code: 60613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,212
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 879,481
  • High Value: 1,104,205
  • Low Value: 654,756

    Market Valuation

  • Market Total Value: $1,260,000
  • Market Land Value: $558,000
  • Market Improvement Value: $702,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,000
  • Assessed Land Value: $55,800
  • Assessed Improvements Value: $70,200

    Sales

  • Current Sale Contract Date: Jun 16, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Transaction ID: 11905351375
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 47044

    Last Sale Mortgage

  • First Mortgage Lender: RFLF 5 LLC
  • First Mortgage Transaction Date: Jul 27, 2022
  • First Mortgage Loan Amount: $1,843,200
  • First Mortgage Terms: 18
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Feb 01, 2024

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
5.5 Baths
5,000 ft²
$580/ft²
$2,900,000 Feb 5, 2024
-
$3,160/mo
Multifamily
7 Beds
-
-
$2,850,000 Feb 5, 2024
-
$2,940/mo

About North Side


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Frequently Asked Questions

When was property at 3642 North Magnolia Avenue built and last sold?
The property at 3642 North Magnolia Avenue was built in 1910 and last sold on Jun 16, 2022 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 3642 North Magnolia Avenue is $3,030,000.
What are some comparable homes to 3642 North Magnolia Avenue?
Homes that are comparable to 3642 North Magnolia Avenue include a house property at 1452 West Henderson Street, a multifamily property at 3925 North Janssen Avenue, which are both great to check out.

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