16916 Magnolia Drive
Hazel Crest, IL 60429

Status: Active
Single Family
4 beds
2 baths
1,264 sq.ft
Listing Price: $236,000

About this home

All HVACs are annually serviced. The current tenancy is under a yearly lease, which expires on November 13th, 2024. A completely renovated single-family residential property is for sale as a part of a portfolio containing 16 properties. It is the perfect opportunity for an investor looking for a highly profitable investment in single-family residential real estate units. The portfolio will be sold preferably as a whole package. However, we are open to separating the portfolio into smaller pieces or selling the properties individually. This beautiful spacious house is in a lush, modern, and quiet neighborhood. This property has 4 spacious bedrooms and 2 bathrooms for large families. Completely renovated in 2023, it has a laundry room, ample and cozy living room, family room, beautiful kitchen, and a spacious backyard with a deck. Shopping centers and restaurants on Torrence Avenue are in the nearby vicinity. Easy access to transportation via Pace Bus Service and Metra rail. Reach out to the seller to request a showing before heading to the property without notice. Some light and minor remodeling and updates might be required. The pictures are for reference on how the property could look after the minor remodeling.

Property details

Interior Features
Additional Rooms None
Square Feet 1,264
Square Feet Source Landlord/Tenant/Seller
Basement Description Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Disability Access and/or Equipped No
Fireplace Location Family Room
Fireplace Count 1
Baths FULL Count 2
Baths Count 2
Total Rooms 8
Rooms
room 1
Level N/A
room 2
Level N/A
room 3
Level N/A
room 4
Level N/A
room 5
Level N/A
room 6
Level N/A
room 7
Level N/A
room 8
Level N/A
room 9
Level N/A
room 10
Level N/A
room 11
Type Bedroom 2
Level Main
Dimensions 11X13
room 12
Type Bedroom 3
Level Main
Dimensions 11X13
room 13
Type Bedroom 4
Level Main
Dimensions 15X10
room 14
Type Dining Room
Level Main
Dimensions 10X16
room 15
Type Family Room
Level Main
Dimensions 14X20
room 16
Type Kitchen
Level Main
Dimensions 7X14
room 17
Type Laundry
Level N/A
room 18
Type Living Room
Level Main
Dimensions 14X20
room 19
Type Master Bedroom
Level Main
Dimensions 10X15
Bath Full
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 51-60 Years
Approx Year Built 1970
Parking Total 1
Exterior Building Type Brick,Other
Exterior Property Features Deck
Parking On-Site Yes
Garage Ownership Owned
Garage Type Attached
Parking Spaces Count 1
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
Area Major Hazel Crest
Corporate Limits Hazel Crest
Directions Head east on Exit 1540.2 miKeep right at the fork and merge onto Kedzie Ave0.1 miTurn right onto Laurel Ln240 ftTurn right onto Birchwood Dr0.6 miBirchwood Dr turns left and becomes Magnolia Dr The destination will be on the right
Elementary Sch Dist 152.5
Heat/Fuel Other
High Sch Dist 152.5
Sewer Public Sewer
Water Public
Jr High/Middle Dist 152.5
Township Thornton
Property / Lot Details
Assessor Square Footage 1236
Lot Dimensions 0.27
Lot Size .25-.49 Acre
Ownership Fee Simple
Type Detached 1 Story
Property Type Detached Single

Financials

Investment Profile Residential

Tax/Assessments/Liens

Frequency Not Applicable
Assessment Includes None
Master Association Fee Frequency Not Required
PIN 28261240180000
Special Assessments U
Taxes $6,788
Tax Year 2021
$236,000 Listing Price:
MLS # 11848347
Investment Profile Residential
Listing Market Time 155 days
Basement Full
Type Detached 1 Story
Parking Garage
List Date 12/08/2023
Year Built 1970
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